A&K DAGLIG RENHOLD AS: årsregnskap 2019 vs 2018
Grew 20% on revenue, slipped into loss, cash halved-plus
approved 2020-05-12; registry 2020-06-09; journal 2020 411418
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A&K DAGLIG RENHOLD AS. Revenue 700.7k NOK → 840.7k NOK (+20.0%). Net result +73.4k NOK → -427.4k NOK. Equity -49.0k NOK → -476.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A&K DAGLIG RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 700.7k NOK to 840.7k NOK (+20.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +95.7k NOK → -547.1k NOK (op. margin 13.7% → -65.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 73.4k NOK profit to a loss of 427.4k NOK. Calculated
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↓
Equity eroded
Book equity -49.0k NOK → -476.4k NOK (equity ratio -11.1% → -212.1%). Calculated
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↓
Cash fell
Bank deposits 223.9k NOK → 78.7k NOK (-64.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -212.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 764 NOK → 2.32m NOK (0% → 276% of revenue). Calculated