3 ÈRN TRAFIKKSKOLE AS: årsregnskap 2019 vs 2018
Grew 30% on revenue, cash halved-plus, fresh owner capital
approved 2020-05-14; registry 2020-06-03; journal 2020 383768
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3 ÈRN TRAFIKKSKOLE AS. Revenue 4.81m NOK → 6.27m NOK (+30.4%). Equity 530.5k NOK → 1.01m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3 ÈRN TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.81m NOK to 6.27m NOK (+30.4% YoY). Calculated
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↑
Equity strengthened
Book equity 530.5k NOK → 1.01m NOK (equity ratio 20.5% → 39.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 1159.58×. Calculated
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↑
Owners injected capital
Paid-in equity rose 15.0k NOK → 1.01m NOK (+1.00m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 369.5k NOK → 3 105 NOK (-99.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.27m NOK → 3.89m NOK (68% → 62% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 282.1k NOK → 318.8k NOK (+13.0% YoY). Calculated