A BIGOM DESIGN AS: årsregnskap 2019 vs 2018
Shrank 52% on revenue, weaker earnings, cash halved-plus
approved 2020-06-30; registry 2020-09-05; journal 2020 748928
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A BIGOM DESIGN AS. Revenue 42.7k NOK → 20.4k NOK (-52.2%). Net result +220.7k NOK → +38.1k NOK. Equity 1.54m NOK → 1.58m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A BIGOM DESIGN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.54m NOK → 1.58m NOK (equity ratio 68.8% → 67.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 42.7k NOK to 20.4k NOK (-52.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +56.2k NOK → -80.1k NOK (op. margin 131.6% → -392.6%). Calculated
-
↓
Net result weakened
Net result +220.7k NOK → +38.1k NOK (net margin 516.7% → 187.0%). Calculated
-
↓
Cash fell
Bank deposits 776.2k NOK → 35.5k NOK (-95.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 75.2k NOK → 7.10m NOK (176% → 34813% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 196.2k NOK → 896.2k NOK. Reported fact