FirmaIQ
Org.nr 998 261 988 2018 → 2019 Year-over-year analysis

A.H.SYVERSEN AS: årsregnskap 2019 vs 2018

Grew 74% on revenue, weaker earnings

approved 2020-06-03; registry 2020-06-15; journal 2020 435831

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A.H.SYVERSEN AS. Revenue 569.7k NOK → 992.4k NOK (+74.2%). Net result +128.0k NOK → +71.2k NOK. Equity 1.01m NOK → 12.94m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.H.SYVERSEN AS.

At a glance

Scorecard

Revenue
569.7k NOK 992.4k NOK
+74.2%
Operating result
+165.4k NOK -86.0k NOK
-152.0%
Net result
+128.0k NOK +71.2k NOK
-44.4%
Equity
1.01m NOK 12.94m NOK
+1181.6%
Cash
67.4k NOK 132.0k NOK
+95.7%
Total assets
1.95m NOK 1.69m NOK
-13.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 569.7k NOK to 992.4k NOK (+74.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 12.94m NOK (equity ratio 51.7% → 764.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 67.4k NOK → 132.0k NOK (+95.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 30.2k NOK → 22.5k NOK (5% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +165.4k NOK → -86.0k NOK (op. margin 29.0% → -8.7%). Calculated

  • ↓

    Net result weakened

    Net result +128.0k NOK → +71.2k NOK (net margin 22.5% → 7.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 851.37m NOK → 1 055 NOK (-100.0% YoY). Calculated