100 METER SKOGEN AS: årsregnskap 2019 vs 2018
Grew 191% on revenue, weaker earnings
approved 2020-06-25; registry 2020-08-29; journal 2020 707799
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 100 METER SKOGEN AS. Revenue 192.0k NOK → 557.8k NOK (+190.5%). Net result +899.2k NOK → +619.4k NOK. Equity 2.60m NOK → 2.22m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
192.0k NOK
557.8k NOK
+190.5%
Operating result
n/m
+110.1k NOK
—
Net result
+899.2k NOK
+619.4k NOK
-31.1%
Equity
2.60m NOK
2.22m NOK
-14.6%
Cash
275.2k NOK
196.9k NOK
-28.5%
Total assets
11.87m NOK
7.81m NOK
-34.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 192.0k NOK to 557.8k NOK (+190.5% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +899.2k NOK → +619.4k NOK (net margin 468.3% → 111.1%). Calculated
-
↓
Equity eroded
Book equity 2.60m NOK → 2.22m NOK (equity ratio 21.9% → 28.5%). Calculated
-
↓
Cash fell
Bank deposits 275.2k NOK → 196.9k NOK (-28.5% YoY). Calculated