A GULLIKSEN & SØNN AS: årsregnskap 2019 vs 2018
Grew 23% on revenue, weaker earnings
approved 2020-03-25; registry 2020-04-01; journal 2020 269395
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A GULLIKSEN & SØNN AS. Revenue 3.54m NOK → 4.33m NOK (+22.5%). Net result +440.4k NOK → +282.7k NOK. Equity 274.2k NOK → 556.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A GULLIKSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.54m NOK to 4.33m NOK (+22.5% YoY). Calculated
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↑
Equity strengthened
Book equity 274.2k NOK → 556.8k NOK (equity ratio 17.3% → 30.7%). Calculated
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↑
Cash rose
Bank deposits 188.6k NOK → 228.4k NOK (+21.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +440.4k NOK → +282.7k NOK (net margin 12.5% → 6.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 848.2k NOK → 27.0k NOK (-96.8% YoY). Calculated