1 2 3 SIVILARKITEKTER AS: årsregnskap 2019 vs 2018
Shrank 62% on revenue, weaker earnings
approved 2020-02-13; registry 2020-05-12; journal 2020 345398
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1 2 3 SIVILARKITEKTER AS. Revenue 2.06m NOK → 776.2k NOK (-62.3%). Net result +184.0k NOK → +56.7k NOK. Equity 558.0k NOK → 614.8k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1 2 3 SIVILARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 558.0k NOK → 614.8k NOK (equity ratio 658.0% → 56.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.08× → 2.22×. Calculated
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↑
Payroll decreased
Salary cost 1.39m NOK → 1.25m NOK (67% → 161% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.06m NOK to 776.2k NOK (-62.3% YoY). Calculated
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↓
Operating result weakened
Operating result +242.7k NOK → +67.6k NOK (op. margin 11.8% → 8.7%). Calculated
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↓
Net result weakened
Net result +184.0k NOK → +56.7k NOK (net margin 8.9% → 7.3%). Calculated
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↓
Cash fell
Bank deposits 960.1k NOK → 752.6k NOK (-21.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 1 000 NOK. Reported fact