FirmaIQ
Org.nr 992 183 640 2017 → 2018 Year-over-year analysis

AKERSHUS - ØSTFOLD ELEKTRO AS: årsregnskap 2018 vs 2017

Shrank 9% on revenue

approved 2019-03-10; registry 2019-07-09; journal 2019 635529

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKERSHUS - ØSTFOLD ELEKTRO AS. Revenue 8.09m NOK → 7.34m NOK (-9.3%). Net result +1.05m NOK → +1.16m NOK. Equity 1.23m NOK → 1.24m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS - ØSTFOLD ELEKTRO AS.

At a glance

Scorecard

Revenue
8.09m NOK 7.34m NOK
-9.3%
Operating result
n/m +1.50m NOK
—
Net result
+1.05m NOK +1.16m NOK
+10.5%
Equity
1.23m NOK 1.24m NOK
+0.6%
Cash
238.0k NOK 1.33m NOK
+460.5%
Total assets
5.08m NOK 4.55m NOK
-10.6%

What improved

  • ↑

    Net result improved

    Net result +1.05m NOK → +1.16m NOK (net margin 12.9% → 15.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.23m NOK → 1.24m NOK (equity ratio 24.3% → 27.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 238.0k NOK → 1.33m NOK (+460.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.70m NOK → 2.08m NOK (33% → 28% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.09m NOK to 7.34m NOK (-9.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.45m NOK → 3.15m NOK (-8.8% YoY). Calculated