FirmaIQ
Org.nr 918 450 920 2018 → 2019 Year-over-year analysis

1593 HOLDING AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-05-29; registry 2020-09-02; journal 2020 778228

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 1593 HOLDING AS. Revenue 558.2k NOK → 540.8k NOK (-3.1%). Net result +217.0k NOK → +74.0k NOK. Equity 283.3k NOK → 357.3k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
558.2k NOK 540.8k NOK
-3.1%
Operating result
+281.8k NOK +95.2k NOK
-66.2%
Net result
+217.0k NOK +74.0k NOK
-65.9%
Equity
283.3k NOK 357.3k NOK
+26.1%
Cash
128.0k NOK 89.2k NOK
-30.4%
Total assets
353.8k NOK 384.7k NOK
+8.8%

What improved

  • ↑

    Equity strengthened

    Book equity 283.3k NOK → 357.3k NOK (equity ratio 80.1% → 92.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 558.2k NOK to 540.8k NOK (-3.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +281.8k NOK → +95.2k NOK (op. margin 50.5% → 17.6%). Calculated

  • ↓

    Net result weakened

    Net result +217.0k NOK → +74.0k NOK (net margin 38.9% → 13.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 128.0k NOK → 89.2k NOK (-30.4% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 249.8k NOK → 429.0k NOK (+71.8% YoY). Calculated