64GRADERNORD AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-06-02; registry 2020-06-15; journal 2020 436881
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 64GRADERNORD AS. Revenue 10.99m NOK → 10.78m NOK (-1.9%). Net result +290.1k NOK → -233.3k NOK. Equity 1 115 NOK → 882.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 64GRADERNORD AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1 115 NOK → 882.4k NOK (equity ratio 0.0% → 30.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.99m NOK to 10.78m NOK (-1.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +402.6k NOK → -230.7k NOK (op. margin 3.7% → -2.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 290.1k NOK profit to a loss of 233.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 1.81m NOK → 1.61m NOK (-10.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.76m NOK → 3.73m NOK (-0.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 67.8k NOK → 43.1k NOK. Reported fact