Org.nr 868 260 912 2018 → 2019 Year-over-year analysis

1000 MILE NORGE AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, cash halved-plus, fresh owner capital

approved 2020-06-29; registry 2020-07-06; journal 2020 543129

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 1000 MILE NORGE AS. Revenue 93.0k NOK → 84.0k NOK (-9.7%). Net result -179.0k NOK → -164.5k NOK. Equity 5.51m NOK → 345.2k NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
93.0k NOK 84.0k NOK
-9.7%
Operating result
-180.8k NOK -164.6k NOK
+9.0%
Net result
-179.0k NOK -164.5k NOK
+8.1%
Equity
5.51m NOK 345.2k NOK
-93.7%
Cash
253.7k NOK 71.7k NOK
-71.7%
Total assets
526.5k NOK 378.5k NOK
-28.1%

What improved

  • ↑

    Operating result improved

    Operating result -180.8k NOK → -164.6k NOK (op. margin -194.5% → -196.0%). Calculated

  • ↑

    Net result improved

    Net result -179.0k NOK → -164.5k NOK (net margin -192.5% → -195.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 150.7k NOK → 1.15m NOK (+1.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 93.0k NOK to 84.0k NOK (-9.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 5.51m NOK → 345.2k NOK (equity ratio 1046.5% → 91.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 253.7k NOK → 71.7k NOK (-71.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 19.1k NOK → 49.1k NOK (+156.9% YoY). Calculated