Org.nr 918 616 381 2018 → 2019 Year-over-year analysis

123 FLYTTING & TRANSPORT AS: årsregnskap 2019 vs 2018

Grew 213777% on revenue, stronger earnings

approved 2020-05-05; registry 2020-05-14; journal 2020 357383

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 123 FLYTTING & TRANSPORT AS. Revenue 2 335 NOK → 4.99m NOK (+213777.1%). Net result +170 NOK → +285.4k NOK. Equity 284.3k NOK → 284.6k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 123 FLYTTING & TRANSPORT AS.

Scorecard

Revenue
2 335 NOK 4.99m NOK
+213777.1%
Operating result
+350.9k NOK +125.1k NOK
-64.3%
Net result
+170 NOK +285.4k NOK
+167752.9%
Equity
284.3k NOK 284.6k NOK
+0.1%
Cash
369.4k NOK 332.2k NOK
-10.1%
Total assets
749.4k NOK 898.6k NOK
+19.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 335 NOK to 4.99m NOK (+213777.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +170 NOK → +285.4k NOK (net margin 7.3% → 5.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +350.9k NOK → +125.1k NOK (op. margin 15026.3% → 2.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 369.4k NOK → 332.2k NOK (-10.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 12.9k NOK → 99.7k NOK (+671.5% YoY). Calculated