A BILUTLEIE AS: årsregnskap 2019 vs 2018
Grew 168% on revenue, stronger earnings
approved 2020-05-05; registry 2020-07-02; journal 2020 529097
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A BILUTLEIE AS. Revenue 839.7k NOK → 2.25m NOK (+168.2%). Net result +1 410 NOK → +19.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A BILUTLEIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 839.7k NOK to 2.25m NOK (+168.2% YoY). Calculated
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↑
Operating result improved
Operating result +87.7k NOK → +258.9k NOK (op. margin 10.4% → 11.5%). Calculated
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Net result improved
Net result +1 410 NOK → +19.4k NOK (net margin 0.2% → 0.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 155.4k NOK → 128.1k NOK (-17.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.22m NOK → 783.2k NOK (-75.6% YoY). Calculated