1 2 3 LØFT AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, stronger earnings
approved 2020-02-28; registry 2020-03-24; journal 2020 255482
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1 2 3 LØFT AS. Revenue 1.42m NOK → 1.63m NOK (+14.8%). Net result +96.9k NOK → +427.9k NOK. Equity 236.4k NOK → 664.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 1 2 3 LØFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.42m NOK to 1.63m NOK (+14.8% YoY). Calculated
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Operating result improved
Operating result +266.5k NOK → +436.8k NOK (op. margin 18.8% → 26.9%). Calculated
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Net result improved
Net result +96.9k NOK → +427.9k NOK (net margin 6.8% → 26.3%). Calculated
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Equity strengthened
Book equity 236.4k NOK → 664.3k NOK (equity ratio 51.8% → 175.6%). Calculated
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Cash rose
Bank deposits 206.8k NOK → 353.7k NOK (+71.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 272.8k NOK → 321.1k NOK (19% → 20% of revenue). Calculated
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COGS fell
COGS / varekostnad 170.4k NOK → 96.1k NOK (-43.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 3 NOK → 82.5k NOK. Reported fact