Org.nr 946 468 037 2018 → 2019 Year-over-year analysis

A-K MASKINER AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, stronger earnings, fresh owner capital

approved 2020-04-29; registry 2020-07-08; journal 2020 555698

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A-K MASKINER AS. Revenue 961410.40bn NOK → 925.24m NOK (-100.0%). Net result -8.81m NOK → -6.88m NOK. Equity 55.24m NOK → 72.33m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-K MASKINER AS.

Scorecard

Revenue
961410.40bn NOK 925.24m NOK
-100.0%
Operating result
n/m -2.66m NOK
—
Net result
-8.81m NOK -6.88m NOK
+21.9%
Equity
55.24m NOK 72.33m NOK
+30.9%
Cash
406.9k NOK 415.7k NOK
+2.2%
Total assets
456.86m NOK 468.80m NOK
+2.6%

What improved

  • ↑

    Net result improved

    Net result -8.81m NOK → -6.88m NOK (net margin -0.0% → -0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 55.24m NOK → 72.33m NOK (equity ratio 12.1% → 15.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 406.9k NOK → 415.7k NOK (+2.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 55.24m NOK → 72.33m NOK (+17.09m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 961410.40bn NOK to 925.24m NOK (-100.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 154.47m NOK → 6.15bn NOK (0% → 664% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 720.94m NOK → 689.65m NOK (-4.3% YoY). Calculated