1'ST VISUALS AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings
approved 2020-09-29; registry 2020-10-01; journal 2020 914729
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1'ST VISUALS AS. Revenue 438.3k NOK → 438 NOK (-99.9%). Net result +30.3k NOK → 0 NOK. Equity 22.5k NOK → 6 753 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
438.3k NOK
438 NOK
-99.9%
Operating result
+35.1k NOK
n/m
—
Net result
+30.3k NOK
0 NOK
-100.0%
Equity
22.5k NOK
6 753 NOK
-70.0%
Cash
282 NOK
282.3k NOK
+100000.0%
Total assets
40.2k NOK
40.2k NOK
0.0%
What improved
-
↑
Cash rose
Bank deposits 282 NOK → 282.3k NOK (+100000.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 438.3k NOK to 438 NOK (-99.9% YoY). Calculated
-
↓
Net result weakened
Net result +30.3k NOK → 0 NOK (net margin 6.9% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 22.5k NOK → 6 753 NOK (equity ratio 56.0% → 16.8%). Calculated