Org.nr 989 348 809 2018 → 2019 Year-over-year analysis

2 SAKSER AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-07-01; registry 2020-07-09; journal 2020 565935

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 2 SAKSER AS. Revenue 1.63m NOK → 1.68m NOK (+3.3%). Net result -22.8k NOK → +16.3k NOK. Equity 12.0k NOK → 28.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 SAKSER AS.

Scorecard

Revenue
1.63m NOK 1.68m NOK
+3.3%
Operating result
-17.6k NOK +16.6k NOK
+194.7%
Net result
-22.8k NOK +16.3k NOK
+171.3%
Equity
12.0k NOK 28.3k NOK
+135.8%
Cash
111.7k NOK 107.9k NOK
-3.4%
Total assets
235.8k NOK 276.2k NOK
+17.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.63m NOK to 1.68m NOK (+3.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -17.6k NOK → +16.6k NOK (op. margin -1.1% → 1.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 22.8k NOK to a profit of 16.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 12.0k NOK → 28.3k NOK (equity ratio 5.1% → 10.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 111.7k NOK → 107.9k NOK (-3.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 248.5k NOK → 222.9k NOK (-10.3% YoY). Calculated