Org.nr 911 689 138 2018 → 2019 Year-over-year analysis

A. HAARSTAD ELEKTRO AS: årsregnskap 2019 vs 2018

Shrank 18% on revenue

approved 2020-05-31; registry 2020-08-03; journal 2020 649772

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A. HAARSTAD ELEKTRO AS. Revenue 7 738 NOK → 6 326 NOK (-18.2%). Net result 0 NOK → +164 NOK. Equity 52.5k NOK → 54.1k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell.

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

Scorecard

Revenue
7 738 NOK 6 326 NOK
-18.2%
Operating result
n/m +164 NOK
—
Net result
0 NOK +164 NOK
—
Equity
52.5k NOK 54.1k NOK
+2.9%
Cash
44.0k NOK 44.2k NOK
+0.4%
Total assets
58.1k NOK 58.3k NOK
+0.3%

What improved

  • ↑

    Equity strengthened

    Book equity 52.5k NOK → 54.1k NOK (equity ratio 90.4% → 92.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7 738 NOK to 6 326 NOK (-18.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.6k NOK → 3 927 NOK (-66.3% YoY). Calculated