Org.nr 815 912 292 2018 → 2019 Year-over-year analysis

8360 PRODUKSJONER AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-08-31; registry 2020-09-21; journal 2020 840756

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 8360 PRODUKSJONER AS. Revenue 11.36m NOK → 11.05m NOK (-2.8%). Net result +803.7k NOK → +3.11m NOK.

On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Revenue

11.36m NOK 11.05m NOK

-2.8%

Operating result

n/m +3.99m NOK

—

Net result

+803.7k NOK +3.11m NOK

+287.0%

Equity

4.68m NOK n/m

—

Cash

4.69m NOK 7.85m NOK

+67.3%

Total assets

5.61m NOK 9.04m NOK

+61.2%

↑
Net result improved

Net result +803.7k NOK → +3.11m NOK (net margin 7.1% → 28.2%). Calculated
↑
Cash rose

Bank deposits 4.69m NOK → 7.85m NOK (+67.3% YoY). Calculated
↑
Payroll decreased

Salary cost 485.4k NOK → 2 NOK (4% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 11.36m NOK to 11.05m NOK (-2.8% YoY). Calculated
↓
COGS moved

COGS / varekostnad 505.7k NOK → 3.37m NOK (+566.2% YoY). Calculated