7 FJELL BRYGGERI AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-06-30; registry 2020-07-28; journal 2020 618560
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7 FJELL BRYGGERI AS. Revenue 18.01m NOK → 17.92m NOK (-0.5%). Net result -1.66m NOK → -788.0k NOK. Equity 15.51m NOK → 14.72m NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: operating result unchanged; cogs fell. All figures are taken from the published annual accounts for 7 FJELL BRYGGERI AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -1.66m NOK → -788.0k NOK (net margin -9.2% → -4.4%). Calculated
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↑
Cash rose
Bank deposits 1 100 NOK → 1.09m NOK (+98936.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 6.48m NOK → 6.38m NOK (36% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.01m NOK to 17.92m NOK (-0.5% YoY). Calculated
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↓
Equity eroded
Book equity 15.51m NOK → 14.72m NOK (equity ratio 58.0% → 54.0%). Calculated
Things to notice
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·
Operating result unchanged
Operating result 0 NOK → 0 NOK (op. margin 0.0% → 0.0%). Calculated
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·
COGS fell
COGS / varekostnad 5.62m NOK → 5.04m NOK (-10.3% YoY). Calculated