A. BÅTSERVICE AS: årsregnskap 2019 vs 2018
Grew 22% on revenue, stronger earnings
approved 2020-08-21; registry 2020-10-03; journal 2020 903221
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. BÅTSERVICE AS. Revenue 1.27m NOK → 1.55m NOK (+21.7%). Net result +11 NOK → +131.5k NOK. Equity -41.8k NOK → 89.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. BÅTSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.27m NOK to 1.55m NOK (+21.7% YoY). Calculated
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Operating result improved
Operating result +83.3k NOK → +134.4k NOK (op. margin 6.5% → 8.7%). Calculated
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Net result improved
Net result +11 NOK → +131.5k NOK (net margin 0.0% → 8.5%). Calculated
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↑
Equity strengthened
Book equity -41.8k NOK → 89.8k NOK (equity ratio -15.5% → 12.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 134.9k NOK → 127.1k NOK (-5.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 305.8k NOK → 357.4k NOK (+16.9% YoY). Calculated