Org.nr 943 784 299 2018 → 2019 Year-over-year analysis

1891 HOLDING AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-08-13; registry 2020-09-26; journal 2020 861329

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 1891 HOLDING AS. Revenue 192.5k NOK → 192.0k NOK (-0.3%).

Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 1891 HOLDING AS.

At a glance

Revenue

192.5k NOK 192.0k NOK

-0.3%

Operating result

-190.5k NOK -1.03m NOK

-442.6%

Net result

n/m +7.18m NOK

—

Cash

2.44m NOK 582.4k NOK

-76.1%

Total assets

74.13m NOK 68.75m NOK

-7.3%

↓
Revenue fell

Operating income / revenue moved from 192.5k NOK to 192.0k NOK (-0.3% YoY). Calculated
↓
Operating result weakened

Operating result -190.5k NOK → -1.03m NOK (op. margin -99.0% → -538.4%). Calculated
↓
Cash fell

Bank deposits 2.44m NOK → 582.4k NOK (-76.1% YoY). Calculated
↓
COGS moved

COGS / varekostnad 65.45m NOK → 101.10m NOK (+54.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.44m NOK → 582.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 25.51m NOK → 24.91m NOK. Reported fact