A.FURULUND ASFALT AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-09-28; registry 2020-10-06; journal 2020 911197
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.FURULUND ASFALT AS. Revenue 10.72m NOK → 11.14m NOK (+3.9%). Net result +922.3k NOK → +587.0k NOK. Equity 46.2k NOK → 1.63m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A.FURULUND ASFALT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 10.72m NOK to 11.14m NOK (+3.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 46.2k NOK → 1.63m NOK (equity ratio 1.2% → 38.8%). Calculated
-
↑
Cash rose
Bank deposits 250.7k NOK → 307.4k NOK (+22.6% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +922.3k NOK → +587.0k NOK (net margin 8.6% → 5.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.68m NOK → 3.33m NOK (25% → 30% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 4.94m NOK → 4.27m NOK (-13.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 27.7k NOK → 98.2k NOK. Reported fact