A FINSTAD CAD AS: årsregnskap 2019 vs 2018
Grew 257% on revenue
approved 2020-06-30; registry 2020-07-23; journal 2020 622425
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A FINSTAD CAD AS. Revenue 182.9k NOK → 653.8k NOK (+257.4%). Equity 109.0k NOK → 105.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A FINSTAD CAD AS.
At a glance
Scorecard
Revenue
182.9k NOK
653.8k NOK
+257.4%
Operating result
n/m
-4 250 NOK
—
Net result
n/m
-3 301 NOK
—
Equity
109.0k NOK
105.7k NOK
-3.0%
Cash
96.9k NOK
151.6k NOK
+56.5%
Total assets
160.1k NOK
211.6k NOK
+32.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 182.9k NOK to 653.8k NOK (+257.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 96.9k NOK → 151.6k NOK (+56.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 109.0k NOK → 105.7k NOK (equity ratio 68.1% → 50.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 47.6k NOK → 1.56m NOK (26% → 239% of revenue). Calculated