FirmaIQ
Org.nr 994 495 658 2018 → 2019 Year-over-year analysis

8M CONSULTING AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue, slipped into loss

approved 2020-03-04; registry 2020-03-09; journal 2020 235169

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 8M CONSULTING AS. Revenue 1.68m NOK → 1.47m NOK (-12.9%). Net result +2 691 NOK → -5 376 NOK. Equity 120.4k NOK → 115.0k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.68m NOK 1.47m NOK
-12.9%
Operating result
+3 208 NOK -5 624 NOK
-275.3%
Net result
+2 691 NOK -5 376 NOK
-299.8%
Equity
120.4k NOK 115.0k NOK
-4.5%
Cash
284.8k NOK 433.2k NOK
+52.1%
Total assets
793.4k NOK 598.8k NOK
-24.5%

What improved

  • ↑

    Cash rose

    Bank deposits 284.8k NOK → 433.2k NOK (+52.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.49m NOK → 1.24m NOK (148% → 85% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.68m NOK to 1.47m NOK (-12.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3 208 NOK → -5 624 NOK (op. margin 0.2% → -0.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 691 NOK profit to a loss of 5 376 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 120.4k NOK → 115.0k NOK (equity ratio 15.2% → 19.2%). Calculated