Org.nr 996 638 707 2018 → 2019 Year-over-year analysis

1080 MAP AS: årsregnskap 2019 vs 2018

Shrank 52% on revenue

approved 2020-08-31; registry 2020-09-09; journal 2020 780382

Full company analysis · All year comparisons

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.

Scorecard

Revenue
54.8k NOK 26.0k NOK
-52.5%
Operating result
+5 697 NOK +698 NOK
-87.7%
Net result
+5 NOK +5 200 NOK
+103900.0%
Equity
-332.3k NOK -332.5k NOK
-0.1%
Cash
39.9k NOK 41.6k NOK
+4.3%
Total assets
84.3k NOK 82.7k NOK
-1.9%

What improved

  • ↑

    Net result improved

    Net result +5 NOK → +5 200 NOK (net margin 0.0% → 20.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.9k NOK → 41.6k NOK (+4.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 54.8k NOK to 26.0k NOK (-52.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5 697 NOK → +698 NOK (op. margin 10.4% → 2.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -401.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation