A.G UTVIKLING AS: årsregnskap 2019 vs 2018
Grew 28% on revenue, stronger earnings
approved 2020-06-29; registry 2020-07-07; journal 2020 553894
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.G UTVIKLING AS. Revenue 3.84m NOK → 4.92m NOK (+28.0%). Net result +171.4k NOK → +503.2k NOK. Equity 10.30m NOK → 10.65m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.G UTVIKLING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.84m NOK to 4.92m NOK (+28.0% YoY). Calculated
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Net result improved
Net result +171.4k NOK → +503.2k NOK (net margin 4.5% → 10.2%). Calculated
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Equity strengthened
Book equity 10.30m NOK → 10.65m NOK (equity ratio 8437.4% → 596.1%). Calculated
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Cash rose
Bank deposits 441.3k NOK → 698.4k NOK (+58.3% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.77× → 1.70×. Calculated
Things to notice
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COGS moved
COGS / varekostnad 955.3k NOK → 2.36m NOK (+146.7% YoY). Calculated