AKERSHUS OG ØSTFOLD VIRKESTRANSPORT AS: årsregnskap 2018 vs 2017
Grew 11% on revenue, weaker earnings, cash halved-plus
approved 2019-05-04; registry 2019-05-23; journal 2019 349497
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKERSHUS OG ØSTFOLD VIRKESTRANSPORT AS. Revenue 119.58m NOK → 132.39m NOK (+10.7%). Net result +102.3k NOK → +26.9k NOK. Equity 2.32m NOK → 2.21m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AKERSHUS OG ØSTFOLD VIRKESTRANSPORT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 119.58m NOK to 132.39m NOK (+10.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +82.3k NOK → +40.8k NOK (op. margin 0.1% → 0.0%). Calculated
-
↓
Net result weakened
Net result +102.3k NOK → +26.9k NOK (net margin 0.1% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 2.32m NOK → 2.21m NOK (equity ratio 17.4% → 20.7%). Calculated
-
↓
Cash fell
Bank deposits 3.25m NOK → 1.53m NOK (-53.1% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 246.5k NOK → 241.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS moved
COGS / varekostnad 116.83m NOK → 129.14m NOK (+10.5% YoY). Calculated