A H VASBOTN AS: årsregnskap 2019 vs 2018
Shrank 13% on revenue, returned to profit
approved 2020-08-31; registry 2020-09-17; journal 2020 824179
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A H VASBOTN AS. Revenue 3.09m NOK → 2.68m NOK (-13.3%). Net result -54.3k NOK → +34.2k NOK.
On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A H VASBOTN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -85.7k NOK → +56.1k NOK (op. margin -2.8% → 2.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 54.3k NOK to a profit of 34.2k NOK. Calculated
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↑
Payroll decreased
Salary cost 929.6k NOK → 900.0k NOK (30% → 34% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.09m NOK to 2.68m NOK (-13.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.72m NOK → 1.23m NOK (-28.7% YoY). Calculated