A&A STAR PRODUCTIONS AS: årsregnskap 2019 vs 2018
Shrank 74% on revenue, weaker earnings, cash halved-plus
approved 2020-08-31; registry 2020-09-10; journal 2020 789634
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A&A STAR PRODUCTIONS AS. Revenue 605.5k NOK → 159.8k NOK (-73.6%). Net result -36.4k NOK → -62.3k NOK. Equity 81.0k NOK → 18.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 605.5k NOK to 159.8k NOK (-73.6% YoY). Calculated
-
↓
Operating result weakened
Operating result -17.4k NOK → -62.3k NOK (op. margin -2.9% → -39.0%). Calculated
-
↓
Net result weakened
Net result -36.4k NOK → -62.3k NOK (net margin -6.0% → -39.0%). Calculated
-
↓
Equity eroded
Book equity 81.0k NOK → 18.7k NOK (equity ratio 77.0% → 41.0%). Calculated
-
↓
Cash fell
Bank deposits 105.2k NOK → 45.7k NOK (-56.6% YoY). Calculated