+2 INTERIØR AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, stronger earnings, cash halved-plus
approved 2020-08-31; registry 2020-09-16; journal 2020 824067
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for +2 INTERIØR AS. Revenue 2.81m NOK → 2.57m NOK (-8.4%). Net result +10.7k NOK → +34.4k NOK. Equity 99.3k NOK → 133.7k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for +2 INTERIØR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +11.3k NOK → +33.5k NOK (op. margin 0.4% → 1.3%). Calculated
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Net result improved
Net result +10.7k NOK → +34.4k NOK (net margin 0.4% → 1.3%). Calculated
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Equity strengthened
Book equity 99.3k NOK → 133.7k NOK (equity ratio 15.5% → 15.9%). Calculated
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Payroll decreased
Salary cost 910.6k NOK → 788.5k NOK (32% → 31% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.81m NOK to 2.57m NOK (-8.4% YoY). Calculated
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↓
Cash fell
Bank deposits 301.1k NOK → 92.5k NOK (-69.3% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.55m NOK → 1.43m NOK (-7.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 150 NOK → 9 748 NOK. Reported fact