A E TUFTE AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, stronger earnings
approved 2020-06-30; registry 2020-09-26; journal 2020 868775
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A E TUFTE AS. Revenue 680.7k NOK → 626.0k NOK (-8.0%). Net result +283.6k NOK → +372.4k NOK. Equity 3.27m NOK → 3.64m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
680.7k NOK
626.0k NOK
-8.0%
Operating result
n/m
+141.8k NOK
—
Net result
+283.6k NOK
+372.4k NOK
+31.3%
Equity
3.27m NOK
3.64m NOK
+11.4%
Cash
1.76m NOK
1.58m NOK
-10.0%
Total assets
4.89m NOK
4.97m NOK
+1.5%
What improved
-
↑
Net result improved
Net result +283.6k NOK → +372.4k NOK (net margin 41.7% → 59.5%). Calculated
-
↑
Equity strengthened
Book equity 3.27m NOK → 3.64m NOK (equity ratio 66.9% → 73.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 680.7k NOK to 626.0k NOK (-8.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 1.76m NOK → 1.58m NOK (-10.0% YoY). Calculated