A. JENSEN IMPORT AS: årsregnskap 2019 vs 2018
Grew 5% on revenue, weaker earnings
approved 2020-05-27; registry 2020-06-24; journal 2020 486929
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. JENSEN IMPORT AS. Revenue 389.5k NOK → 410.1k NOK (+5.3%). Net result +43.3k NOK → +25.8k NOK. Equity 5.23m NOK → 260.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. JENSEN IMPORT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 389.5k NOK to 410.1k NOK (+5.3% YoY). Calculated
-
↑
Cash rose
Bank deposits 276.4k NOK → 294.5k NOK (+6.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +53.4k NOK → +33.0k NOK (op. margin 13.7% → 8.1%). Calculated
-
↓
Net result weakened
Net result +43.3k NOK → +25.8k NOK (net margin 11.1% → 6.3%). Calculated
-
↓
Equity eroded
Book equity 5.23m NOK → 260.0k NOK (equity ratio 951.7% → 47.6%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 1 288 NOK → 276.7k NOK (+21382.4% YoY). Calculated