69 BYGG AS: årsregnskap 2019 vs 2018
Grew 29% on revenue, weaker earnings
approved 2020-02-19; registry 2020-03-18; journal 2020 247679
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 69 BYGG AS. Revenue 209.5k NOK → 270.5k NOK (+29.1%). Net result +95.3k NOK → +69.3k NOK. Equity 119.8k NOK → 189.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 69 BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 209.5k NOK to 270.5k NOK (+29.1% YoY). Calculated
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↑
Equity strengthened
Book equity 119.8k NOK → 189.1k NOK (equity ratio 81.5% → 79.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +122.1k NOK → 0 NOK (op. margin 58.3% → 0.0%). Calculated
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↓
Net result weakened
Net result +95.3k NOK → +69.3k NOK (net margin 45.5% → 25.6%). Calculated
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↓
Cash fell
Bank deposits 147.0k NOK → 119.3k NOK (-18.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 71.9k NOK → 148.9k NOK (+107.2% YoY). Calculated