Org.nr 974 493 411 2018 → 2019 Year-over-year analysis

A B MATTESERVICE AS: årsregnskap 2019 vs 2018

Grew 37% on revenue

approved 2020-02-19; registry 2020-03-04; journal 2020 227088

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A B MATTESERVICE AS. Revenue 7.17m NOK → 9.82m NOK (+36.9%). Equity 218.9k NOK → 1.04m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A B MATTESERVICE AS.

Scorecard

Revenue
7.17m NOK 9.82m NOK
+36.9%
Operating result
n/m +1.10m NOK
—
Net result
n/m +825.1k NOK
—
Equity
218.9k NOK 1.04m NOK
+377.0%
Cash
523.4k NOK 449.5k NOK
-14.1%
Total assets
6.14m NOK 6.67m NOK
+8.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.17m NOK to 9.82m NOK (+36.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 218.9k NOK → 1.04m NOK (equity ratio 3.6% → 15.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 2.27×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 523.4k NOK → 449.5k NOK (-14.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 561.4k NOK → 274.7k NOK (-51.1% YoY). Calculated