A.B TJENESTER AS: årsregnskap 2019 vs 2018
Shrank 19% on revenue, returned to profit
approved 2020-05-06; registry 2020-05-16; journal 2020 360259
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.B TJENESTER AS. Revenue 1.34m NOK → 1.09m NOK (-18.8%). Net result -140.2k NOK → +20.2k NOK. Equity 2.08m NOK → 561.3k NOK.
On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A.B TJENESTER AS.
At a glance
Scorecard
What improved
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Turned profitable
Net result flipped from a loss of 140.2k NOK to a profit of 20.2k NOK. Calculated
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Cash rose
Bank deposits 242.6k NOK → 264.9k NOK (+9.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.34m NOK to 1.09m NOK (-18.8% YoY). Calculated
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↓
Operating result weakened
Operating result +150.8k NOK → +5 180 NOK (op. margin 11.3% → 0.5%). Calculated
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↓
Equity eroded
Book equity 2.08m NOK → 561.3k NOK (equity ratio 86.0% → 20.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.68× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 50.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 650.9k NOK → 402.9k NOK (-38.1% YoY). Calculated