7610 RAMPA AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, returned to profit
approved 2020-05-20; registry 2020-07-18; journal 2020 603379
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7610 RAMPA AS. Revenue 5.01m NOK → 4.59m NOK (-8.4%). Net result -388.3k NOK → +57.2k NOK. Equity -567.7k NOK → -510.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 7610 RAMPA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -351.8k NOK → +83.2k NOK (op. margin -7.0% → 1.8%). Calculated
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Turned profitable
Net result flipped from a loss of 388.3k NOK to a profit of 57.2k NOK. Calculated
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Equity strengthened
Book equity -567.7k NOK → -510.5k NOK (equity ratio -63.4% → -66.5%). Calculated
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Payroll decreased
Salary cost 2.19m NOK → 1.86m NOK (44% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.01m NOK to 4.59m NOK (-8.4% YoY). Calculated
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↓
Cash fell
Bank deposits 117.8k NOK → 97.5k NOK (-17.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -66.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.55m NOK → 2.25m NOK (-11.6% YoY). Calculated