AKAR FOOD AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-13; journal 2019 702098
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKAR FOOD AS. Revenue 3.48m NOK → 4.03m NOK (+15.7%). Net result +39.6k NOK → +289.5k NOK. Equity -66.9k NOK → 222.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AKAR FOOD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.48m NOK to 4.03m NOK (+15.7% YoY). Calculated
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Operating result improved
Operating result +8 382 NOK → +367.7k NOK (op. margin 0.2% → 9.1%). Calculated
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Net result improved
Net result +39.6k NOK → +289.5k NOK (net margin 1.1% → 7.2%). Calculated
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Equity strengthened
Book equity -66.9k NOK → 222.7k NOK (equity ratio -9.6% → 23.6%). Calculated
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Cash rose
Bank deposits 81.8k NOK → 545.6k NOK (+566.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 209.3k NOK → 279.6k NOK (6% → 7% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.84m NOK → 2.71m NOK (-4.7% YoY). Calculated