Org.nr 997 677 897 2018 → 2019 Year-over-year analysis

5B.NO AS: årsregnskap 2019 vs 2018

Shrank 14% on revenue

approved 2020-08-20; registry 2020-08-31; journal 2020 717027

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 5B.NO AS. Revenue 2.90m NOK → 2.51m NOK (-13.6%). Equity 7.33m NOK → 10.38m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 5B.NO AS.

At a glance

Revenue

2.90m NOK 2.51m NOK

-13.6%

Operating result

n/m +68.3k NOK

—

Net result

n/m +52.0k NOK

—

Equity

7.33m NOK 10.38m NOK

+41.6%

Cash

653.9k NOK 422.8k NOK

-35.3%

Total assets

935.0k NOK 980.7k NOK

+4.9%

↑
Equity strengthened

Book equity 7.33m NOK → 10.38m NOK (equity ratio 783.9% → 1058.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.90m NOK to 2.51m NOK (-13.6% YoY). Calculated
↓
Cash fell

Bank deposits 653.9k NOK → 422.8k NOK (-35.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 9 NOK → 1.67m NOK (0% → 67% of revenue). Calculated

·
COGS fell

COGS / varekostnad 584.3k NOK → 141.3k NOK (-75.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 6 000 NOK → 36.3k NOK. Reported fact