1ST BRANDS AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-06-04; registry 2020-08-31; journal 2020 718789
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1ST BRANDS AS. Revenue 8.61m NOK → 8.35m NOK (-3.0%). Equity -820.6k NOK → -548.7k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1ST BRANDS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -820.6k NOK → -548.7k NOK (equity ratio -62.2% → -43.4%). Calculated
-
↑
Payroll decreased
Salary cost 5.34m NOK → 4.42m NOK (62% → 53% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.61m NOK to 8.35m NOK (-3.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 219.8k NOK → 171.9k NOK (-21.8% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 47.2k NOK → 36.5k NOK. Reported fact