1080 MAP AS: årsregnskap 2019 vs 2018
Shrank 52% on revenue
approved 2020-08-31; registry 2020-09-09; journal 2020 780382
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1080 MAP AS. Revenue 54.8k NOK → 26.0k NOK (-52.5%). Net result +5 NOK → +5 200 NOK. Equity -332.3k NOK → -332.5k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1080 MAP AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +5 NOK → +5 200 NOK (net margin 0.0% → 20.0%). Calculated
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↑
Cash rose
Bank deposits 39.9k NOK → 41.6k NOK (+4.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 54.8k NOK to 26.0k NOK (-52.5% YoY). Calculated
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↓
Operating result weakened
Operating result +5 697 NOK → +698 NOK (op. margin 10.4% → 2.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -401.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation