A Amundsen Skotøyforretning AS: årsregnskap 2019 vs 2018
Weaker earnings, fresh owner capital
approved 2020-07-02; registry 2020-07-14; journal 2020 571829
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A Amundsen Skotøyforretning AS. Revenue 17.81m NOK → 17.32m NOK (-2.7%). Net result -470.1k NOK → -1.43m NOK. Equity 7.01m NOK → 5.57m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A Amundsen Skotøyforretning AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 5.44m NOK → 5.41m NOK (31% → 31% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 17.81m NOK to 17.32m NOK (-2.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -420.7k NOK → -502.3k NOK (op. margin -2.4% → -2.9%). Calculated
-
↓
Net result weakened
Net result -470.1k NOK → -1.43m NOK (net margin -2.6% → -8.3%). Calculated
-
↓
Equity eroded
Book equity 7.01m NOK → 5.57m NOK (equity ratio 35.9% → 27.5%). Calculated
-
↓
Cash fell
Bank deposits 668.6k NOK → 353.3k NOK (-47.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 8.80m NOK → 8.35m NOK (-5.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 422.1k NOK → 480.6k NOK. Reported fact