Org.nr 983 102 603 2018 → 2019 Year-over-year analysis

929 PRODUKSJON AS: årsregnskap 2019 vs 2018

Grew 67% on revenue

approved 2020-08-14; registry 2020-08-26; journal 2020 700681

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 929 PRODUKSJON AS. Revenue 3.41m NOK → 5.68m NOK (+66.8%). Equity 971.7k NOK → 3.41m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.

At a glance

Revenue

3.41m NOK 5.68m NOK

+66.8%

Operating result

+376.5k NOK +114.2k NOK

-69.7%

Net result

n/m +2.43m NOK

—

Equity

971.7k NOK 3.41m NOK

+250.5%

Cash

941.5k NOK 907.9k NOK

-3.6%

Total assets

2.80m NOK 5.23m NOK

+87.1%

↑
Revenue rose

Operating income / revenue moved from 3.41m NOK to 5.68m NOK (+66.8% YoY). Calculated
↑
Equity strengthened

Book equity 971.7k NOK → 3.41m NOK (equity ratio 34.7% → 65.1%). Calculated

↓
Operating result weakened

Operating result +376.5k NOK → +114.2k NOK (op. margin 11.0% → 2.0%). Calculated
↓
Cash fell

Bank deposits 941.5k NOK → 907.9k NOK (-3.6% YoY). Calculated