Org.nr 990 632 391 2018 → 2019 Year-over-year analysis

A. JENSEN BLOMSTER AS: årsregnskap 2019 vs 2018

Grew 6% on revenue, cash halved-plus

approved 2020-05-15; registry 2020-05-27; journal 2020 371797

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. JENSEN BLOMSTER AS. Revenue 3.89m NOK → 4.13m NOK (+6.1%). Equity 12.5k NOK → -73.4k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A. JENSEN BLOMSTER AS.

At a glance

Revenue

3.89m NOK 4.13m NOK

+6.1%

Operating result

n/m -80.6k NOK

—

Net result

n/m -85.8k NOK

—

Equity

12.5k NOK -73.4k NOK

-689.2%

Cash

196.1k NOK 88.8k NOK

-54.7%

Total assets

1.01m NOK 1.00m NOK

-0.8%

↑
Revenue rose

Operating income / revenue moved from 3.89m NOK to 4.13m NOK (+6.1% YoY). Calculated

↓
Equity eroded

Book equity 12.5k NOK → -73.4k NOK (equity ratio 1.2% → -7.3%). Calculated
↓
Cash fell

Bank deposits 196.1k NOK → 88.8k NOK (-54.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 1.91m NOK → 1.94m NOK (+1.8% YoY). Calculated