FirmaIQ
Org.nr 919 985 747 2018 → 2019 Year-over-year analysis

6C ST AS: årsregnskap 2019 vs 2018

Grew 146938% on revenue, slipped into loss, cash halved-plus

approved 2020-07-02; registry 2020-08-10; journal 2020 661720

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 6C ST AS. Revenue 2 009 NOK → 2.95m NOK (+146938.5%). Net result +419.3k NOK → -1.85m NOK. Equity 3.68m NOK → 1.83m NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 6C ST AS.

At a glance

Scorecard

Revenue
2 009 NOK 2.95m NOK
+146938.5%
Operating result
n/m -2.00m NOK
—
Net result
+419.3k NOK -1.85m NOK
-540.4%
Equity
3.68m NOK 1.83m NOK
-50.2%
Cash
2.82m NOK 1.23m NOK
-56.5%
Total assets
4.25m NOK 2.50m NOK
-41.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 009 NOK to 2.95m NOK (+146938.5% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 419.3k NOK profit to a loss of 1.85m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.68m NOK → 1.83m NOK (equity ratio 86.5% → 73.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.82m NOK → 1.23m NOK (-56.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 552 NOK → 2.55m NOK (77% → 86% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 278.8k NOK → 871.0k NOK (+212.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 711.6k NOK → 920.4k NOK. Reported fact