FirmaIQ
Org.nr 999 618 871 2018 → 2019 Year-over-year analysis

A. CHRISTOFFERSEN AS: årsregnskap 2019 vs 2018

Grew 17% on revenue, stronger earnings

approved 2020-03-06; registry 2020-03-21; journal 2020 250885

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. CHRISTOFFERSEN AS. Revenue 443.0k NOK → 518.4k NOK (+17.0%). Net result +16.4k NOK → +34.4k NOK. Equity 156.6k NOK → 190.9k 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. CHRISTOFFERSEN AS.

At a glance

Scorecard

Revenue
443.0k NOK 518.4k NOK
+17.0%
Operating result
+20.7k NOK +43.4k NOK
+110.1%
Net result
+16.4k NOK +34.4k NOK
+109.2%
Equity
156.6k NOK 190.9k NOK
+21.9%
Cash
131.6k NOK 87.0k NOK
-33.9%
Total assets
235.8k NOK 270.9k NOK
+14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 443.0k NOK to 518.4k NOK (+17.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +20.7k NOK → +43.4k NOK (op. margin 4.7% → 8.4%). Calculated

  • ↑

    Net result improved

    Net result +16.4k NOK → +34.4k NOK (net margin 3.7% → 6.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 156.6k NOK → 190.9k NOK (equity ratio 66.4% → 70.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 278.3k NOK → 263.7k NOK (63% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 131.6k NOK → 87.0k NOK (-33.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 12.1k NOK → 58.7k NOK (+387.1% YoY). Calculated