10 MASKIN AS: årsregnskap 2019 vs 2018
Grew 736% on revenue, slipped into loss
approved 2020-03-09; registry 2020-03-30; journal 2020 265587
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 10 MASKIN AS. Revenue 27.1k NOK → 226.2k NOK (+736.1%). Net result +38.8k NOK → -318.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 10 MASKIN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 27.1k NOK to 226.2k NOK (+736.1% YoY). Calculated
-
↑
Cash rose
Bank deposits 10.5k NOK → 17.9k NOK (+70.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -325.4k NOK → -509.4k NOK (op. margin -1202.9% → -225.3%). Calculated
-
↓
Fell into a net loss
Net result flipped from 38.8k NOK profit to a loss of 318.9k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.05× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 3 247 NOK → 395.3k NOK (12% → 175% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 24.5k NOK → 34.8k NOK (+41.9% YoY). Calculated