FirmaIQ
Org.nr 993 807 117 2018 → 2019 Year-over-year analysis

1ELEKTRIKER AS: årsregnskap 2019 vs 2018

Grew 312% on revenue, weaker earnings

approved 2020-06-30; registry 2020-10-07; journal 2020 930488

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 1ELEKTRIKER AS. Revenue 118.6k NOK → 488.6k NOK (+312.0%). Net result +152.8k NOK → +113.6k NOK. Equity 13.12m NOK → 13.23m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1ELEKTRIKER AS.

At a glance

Scorecard

Revenue
118.6k NOK 488.6k NOK
+312.0%
Operating result
+153.12m NOK +113.4k NOK
-99.9%
Net result
+152.8k NOK +113.6k NOK
-25.6%
Equity
13.12m NOK 13.23m NOK
+0.9%
Cash
73.8k NOK 125.5k NOK
+70.0%
Total assets
146.2k NOK 258.1k NOK
+76.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 118.6k NOK to 488.6k NOK (+312.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 13.12m NOK → 13.23m NOK (equity ratio 8972.8% → 5125.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 73.8k NOK → 125.5k NOK (+70.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +153.12m NOK → +113.4k NOK (op. margin 129118.7% → 23.2%). Calculated

  • ↓

    Net result weakened

    Net result +152.8k NOK → +113.6k NOK (net margin 128.9% → 23.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 18.9k NOK → 90.2k NOK (+376.9% YoY). Calculated