A-GLASS AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, stronger earnings
approved 2020-03-12; registry 2020-03-23; journal 2020 253355
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-GLASS AS. Revenue 1.56m NOK → 1.80m NOK (+15.4%). Net result +54.5k NOK → +6.12m NOK. Equity 228.7k NOK → 350.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A-GLASS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.56m NOK to 1.80m NOK (+15.4% YoY). Calculated
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Operating result improved
Operating result +63.6k NOK → +160.2k NOK (op. margin 4.1% → 8.9%). Calculated
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Net result improved
Net result +54.5k NOK → +6.12m NOK (net margin 3.5% → 340.0%). Calculated
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Equity strengthened
Book equity 228.7k NOK → 350.5k NOK (equity ratio 46.4% → 52.6%). Calculated
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Cash rose
Bank deposits 366.6k NOK → 460.9k NOK (+25.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 135.1k NOK → 1.23m NOK (9% → 68% of revenue). Calculated
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COGS fell
COGS / varekostnad 127.6k NOK → 110.5k NOK (-13.4% YoY). Calculated