5 STAR AS: årsregnskap 2019 vs 2018
Grew 115% on revenue, returned to profit
approved 2020-08-02; registry 2020-09-05; journal 2020 756251
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 5 STAR AS. Revenue 443.8k NOK → 954.8k NOK (+115.1%). Net result -118.3k NOK → +116.7k NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 5 STAR AS.
At a glance
Scorecard
Revenue
443.8k NOK
954.8k NOK
+115.1%
Operating result
n/m
+116.6k NOK
—
Net result
-118.3k NOK
+116.7k NOK
+198.6%
Cash
254.8k NOK
135.8k NOK
-46.7%
Total assets
1.19m NOK
1.41m NOK
+18.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 443.8k NOK to 954.8k NOK (+115.1% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 118.3k NOK to a profit of 116.7k NOK. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 254.8k NOK → 135.8k NOK (-46.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 205.1k NOK → 497 NOK (-99.8% YoY). Calculated