Org.nr 921 078 528 2018 → 2019 Year-over-year analysis

13/16 HOLDING AS: årsregnskap 2019 vs 2018

Grew 188% on revenue, stronger earnings, fresh owner capital

approved 2020-09-04; registry 2020-09-26; journal 2020 863913

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 13/16 HOLDING AS. Revenue 85.8k NOK → 247.0k NOK (+188.0%). Net result +158.0k NOK → +208.3k NOK. Equity 44.14m NOK → 43.35m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 13/16 HOLDING AS.

Scorecard

Revenue
85.8k NOK 247.0k NOK
+188.0%
Operating result
+51.0k NOK +72.4k NOK
+41.8%
Net result
+158.0k NOK +208.3k NOK
+31.9%
Equity
44.14m NOK 43.35m NOK
-1.8%
Cash
26.9k NOK 14.70m NOK
+54667.0%
Total assets
47.33m NOK 48.40m NOK
+2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 85.8k NOK to 247.0k NOK (+188.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.0k NOK → +72.4k NOK (op. margin 59.5% → 29.3%). Calculated

  • ↑

    Net result improved

    Net result +158.0k NOK → +208.3k NOK (net margin 184.2% → 84.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 26.9k NOK → 14.70m NOK (+54667.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 44.0k NOK → 42.98m NOK (+42.93m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 44.14m NOK → 43.35m NOK (equity ratio 93.3% → 89.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 14.9k NOK → 30.46m NOK. Reported fact