A EGGEN AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-07-31; registry 2020-10-21; journal 2020 956743
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A EGGEN AS. Revenue 11.75m NOK → 11.90m NOK (+1.2%). Net result +420.2k NOK → +681.5k NOK. Equity 2.86m NOK → 2.94m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A EGGEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.75m NOK to 11.90m NOK (+1.2% YoY). Calculated
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Operating result improved
Operating result +557.6k NOK → +869.0k NOK (op. margin 4.7% → 7.3%). Calculated
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↑
Net result improved
Net result +420.2k NOK → +681.5k NOK (net margin 3.6% → 5.7%). Calculated
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↑
Equity strengthened
Book equity 2.86m NOK → 2.94m NOK (equity ratio 56.7% → 51.4%). Calculated
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Cash rose
Bank deposits 1.48m NOK → 2.03m NOK (+36.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1 NOK → 3.01m NOK (0% → 25% of revenue). Calculated
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COGS fell
COGS / varekostnad 6.63m NOK → 6.36m NOK (-4.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 117.8k NOK → 292.8k NOK. Reported fact