FirmaIQ
Org.nr 915 515 789 2017 → 2018 Year-over-year analysis

STRANDA GJENVINNING & TRANSPORT AS: årsregnskap 2018 vs 2017

Grew 57% on revenue, stronger earnings

approved 2019-06-25; registry 2019-07-06; journal 2019 626695

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for STRANDA GJENVINNING & TRANSPORT AS. Revenue 20.67m NOK → 32.41m NOK (+56.8%). Net result +2.13m NOK → +2.90m NOK. Equity 1.30m NOK → 4.20m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for STRANDA GJENVINNING & TRANSPORT AS.

At a glance

Scorecard

Revenue
20.67m NOK 32.41m NOK
+56.8%
Operating result
+2.86m NOK +3.80m NOK
+33.2%
Net result
+2.13m NOK +2.90m NOK
+35.8%
Equity
1.30m NOK 4.20m NOK
+222.0%
Cash
3.27m NOK 2.89m NOK
-11.5%
Total assets
11.59m NOK 12.63m NOK
+9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.67m NOK to 32.41m NOK (+56.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.86m NOK → +3.80m NOK (op. margin 13.8% → 11.7%). Calculated

  • ↑

    Net result improved

    Net result +2.13m NOK → +2.90m NOK (net margin 10.3% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 4.20m NOK (equity ratio 11.3% → 33.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.12×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.27m NOK → 2.89m NOK (-11.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.21m NOK → 5.39m NOK (25% → 17% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7.19m NOK → 16.73m NOK (+132.6% YoY). Calculated