FirmaIQ
Org.nr 916 573 715 2018 → 2019 Year-over-year analysis

1 ETG LEIRVOLLEN 1A AS: årsregnskap 2019 vs 2018

Shrank 22% on revenue, weaker earnings

approved 2020-02-14; registry 2020-03-02; journal 2020 225313

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 1 ETG LEIRVOLLEN 1A AS. Revenue 548.8k NOK → 428.5k NOK (-21.9%). Net result +346.4k NOK → +220.6k NOK. Equity 1.40m NOK → 1.41m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
548.8k NOK 428.5k NOK
-21.9%
Operating result
+454.4k NOK +283.3k NOK
-37.7%
Net result
+346.4k NOK +220.6k NOK
-36.3%
Equity
1.40m NOK 1.41m NOK
+0.7%
Cash
30.0k NOK n/m
—
Total assets
1.50m NOK 1.43m NOK
-4.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.40m NOK → 1.41m NOK (equity ratio 93.3% → 98.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 548.8k NOK to 428.5k NOK (-21.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +454.4k NOK → +283.3k NOK (op. margin 82.8% → 66.1%). Calculated

  • ↓

    Net result weakened

    Net result +346.4k NOK → +220.6k NOK (net margin 63.1% → 51.5%). Calculated