Org.nr 915 330 193 2018 → 2019 Year-over-year analysis

1VASK AS: årsregnskap 2019 vs 2018

Grew 14% on revenue, slipped into loss

approved 2020-06-05; registry 2020-07-01; journal 2020 521335

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 1VASK AS. Revenue 2.35m NOK → 2.68m NOK (+13.9%). Net result +31.8k NOK → -93.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 1VASK AS.

Scorecard

Revenue
2.35m NOK 2.68m NOK
+13.9%
Operating result
+23.6k NOK -79.9k NOK
-439.0%
Net result
+31.8k NOK -93.4k NOK
-393.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.35m NOK to 2.68m NOK (+13.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +23.6k NOK → -79.9k NOK (op. margin 1.0% → -3.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 31.8k NOK profit to a loss of 93.4k NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.61m NOK → 1.83m NOK (69% → 68% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 93.7k NOK → 8 379 NOK (-91.1% YoY). Calculated