1KRM AS: årsregnskap 2019 vs 2018
Grew 44% on revenue, stronger earnings
approved 2019-12-31; registry 2020-05-12; journal 2020 348158
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1KRM AS. Revenue 3.73m NOK → 5.36m NOK (+43.6%). Net result +166.9k NOK → +699.6k NOK. Equity 1.69m NOK → 2.39m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 1KRM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.73m NOK to 5.36m NOK (+43.6% YoY). Calculated
-
↑
Net result improved
Net result +166.9k NOK → +699.6k NOK (net margin 4.5% → 13.0%). Calculated
-
↑
Equity strengthened
Book equity 1.69m NOK → 2.39m NOK (equity ratio 82.3% → 82.6%). Calculated
-
↑
Cash rose
Bank deposits 260.7k NOK → 500.5k NOK (+92.0% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 5.00× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 NOK → 3.43m NOK (0% → 64% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 466.4k NOK → 3.18m NOK (+580.7% YoY). Calculated