A.I VARMEPUMPER AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, stronger earnings
approved 2020-01-20; registry 2020-01-25; journal 2020 202895
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.I VARMEPUMPER AS. Revenue 6.44m NOK → 7.08m NOK (+10.0%). Net result +256.4k NOK → +329.6k NOK. Equity 629.2k NOK → 958.8k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.I VARMEPUMPER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.44m NOK to 7.08m NOK (+10.0% YoY). Calculated
-
↑
Net result improved
Net result +256.4k NOK → +329.6k NOK (net margin 4.0% → 4.7%). Calculated
-
↑
Equity strengthened
Book equity 629.2k NOK → 958.8k NOK (equity ratio 38.7% → 52.3%). Calculated
-
↑
Cash rose
Bank deposits 39.6k NOK → 133.2k NOK (+236.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 162.1k NOK → 3.42m NOK (3% → 48% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 3.99m NOK → 4.44m NOK (+11.4% YoY). Calculated