Org.nr 990 821 097 2018 → 2019 Year-over-year analysis

62 NORD AS: årsregnskap 2019 vs 2018

Grew 15% on revenue

approved 2020-06-23; registry 2020-07-07; journal 2020 539549

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 62 NORD AS. Revenue 29.16m NOK → 33.66m NOK (+15.4%). Equity 18.19m NOK → 16.96m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 62 NORD AS.

At a glance

Revenue

29.16m NOK 33.66m NOK

+15.4%

Operating result

n/m -1.18m NOK

—

Net result

n/m -1.23m NOK

—

Equity

18.19m NOK 16.96m NOK

-6.8%

Cash

426.8k NOK 611.3k NOK

+43.2%

Total assets

36.91m NOK 33.56m NOK

-9.1%

↑
Revenue rose

Operating income / revenue moved from 29.16m NOK to 33.66m NOK (+15.4% YoY). Calculated
↑
Cash rose

Bank deposits 426.8k NOK → 611.3k NOK (+43.2% YoY). Calculated

↓
Equity eroded

Book equity 18.19m NOK → 16.96m NOK (equity ratio 49.3% → 50.5%). Calculated

·
Payroll increased

Salary cost 10.39m NOK → 12.27m NOK (36% → 36% of revenue). Calculated
·
COGS moved

COGS / varekostnad 6.65m NOK → 9.40m NOK (+41.3% YoY). Calculated