1HJELP.NO AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-04-23; registry 2020-06-03; journal 2020 384060
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1HJELP.NO AS. Revenue 1.35m NOK → 1.36m NOK (+0.5%). Net result +181.5k NOK → +21.4k NOK. Equity 562.4k NOK → 583.9k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 1HJELP.NO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.35m NOK to 1.36m NOK (+0.5% YoY). Calculated
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↑
Equity strengthened
Book equity 562.4k NOK → 583.9k NOK (equity ratio 57.9% → 63.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +192.2k NOK → +25.6k NOK (op. margin 14.2% → 1.9%). Calculated
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↓
Net result weakened
Net result +181.5k NOK → +21.4k NOK (net margin 13.4% → 1.6%). Calculated
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↓
Cash fell
Bank deposits 276.3k NOK → 182.3k NOK (-34.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 172.4k NOK → 206.9k NOK (13% → 15% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 489.0k NOK → 519.8k NOK (+6.3% YoY). Calculated