A G KJØSTVEDT AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-06-30; registry 2020-07-14; journal 2020 586648
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A G KJØSTVEDT AS. Revenue 4.54m NOK → 4.77m NOK (+5.0%). Net result -299.9k NOK → -14.1k NOK. Equity 1.39m NOK → 1.38m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A G KJØSTVEDT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.54m NOK to 4.77m NOK (+5.0% YoY). Calculated
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↑
Operating result improved
Operating result -149.9k NOK → +23.1k NOK (op. margin -3.3% → 0.5%). Calculated
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↑
Net result improved
Net result -299.9k NOK → -14.1k NOK (net margin -6.6% → -0.3%). Calculated
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↑
Cash rose
Bank deposits 817.9k NOK → 961.4k NOK (+17.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.26m NOK → 2.23m NOK (50% → 47% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.39m NOK → 1.38m NOK (equity ratio 37.8% → 36.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.42m NOK → 1.43m NOK (+0.7% YoY). Calculated