AKER RØRLEGGERBEDRIFT AS: årsregnskap 2018 vs 2017
Grew 20% on revenue, stronger earnings
approved 2019-05-15; registry 2019-06-13; journal 2019 420792
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKER RØRLEGGERBEDRIFT AS. Revenue 1.50m NOK → 1.79m NOK (+19.6%). Net result +65.6k NOK → +369.9k NOK. Equity 469.1k NOK → 469.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKER RØRLEGGERBEDRIFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.50m NOK to 1.79m NOK (+19.6% YoY). Calculated
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Operating result improved
Operating result +71.5k NOK → +413.2k NOK (op. margin 4.8% → 23.1%). Calculated
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Net result improved
Net result +65.6k NOK → +369.9k NOK (net margin 4.4% → 20.7%). Calculated
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Payroll decreased
Salary cost 483.7k NOK → 449.5k NOK (32% → 25% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 435.7k NOK → 422.6k NOK (-3.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 2.75× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 772.4k NOK → 815.4k NOK (+5.6% YoY). Calculated