7 FJELL EIENDOMSSERVICE AS: årsregnskap 2019 vs 2018
Grew 31% on revenue, stronger earnings
approved 2020-06-23; registry 2020-08-03; journal 2020 642810
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7 FJELL EIENDOMSSERVICE AS. Revenue 2.61m NOK → 3.43m NOK (+31.3%). Net result +81.5k NOK → +212.5k NOK. Equity 397.7k NOK → 160.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7 FJELL EIENDOMSSERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.61m NOK to 3.43m NOK (+31.3% YoY). Calculated
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Operating result improved
Operating result +162.9k NOK → +277.2k NOK (op. margin 6.2% → 8.1%). Calculated
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Net result improved
Net result +81.5k NOK → +212.5k NOK (net margin 3.1% → 6.2%). Calculated
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Cash rose
Bank deposits 309.7k NOK → 448.7k NOK (+44.9% YoY). Calculated
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Payroll decreased
Salary cost 792.6k NOK → 1 116 NOK (30% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 397.7k NOK → 160.1k NOK (equity ratio 53.6% → 349.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 988.6k NOK → 1.32m NOK (+33.1% YoY). Calculated