Org.nr 917 367 728 2018 → 2019 Year-over-year analysis

A.K. SNEKRING AS: årsregnskap 2019 vs 2018

Grew 100% on revenue

approved 2020-07-20; registry 2020-07-29; journal 2020 630226

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A.K. SNEKRING AS. Revenue 2.22m NOK → 4.45m NOK (+100.2%). Equity 192.5k NOK → 553.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A.K. SNEKRING AS.

At a glance

Revenue

2.22m NOK 4.45m NOK

+100.2%

Operating result

n/m +449.7k NOK

—

Net result

n/m +360.8k NOK

—

Equity

192.5k NOK 553.3k NOK

+187.4%

Cash

304.4k NOK 562.8k NOK

+84.9%

Total assets

588.3k NOK 865.6k NOK

+47.1%

↑
Revenue rose

Operating income / revenue moved from 2.22m NOK to 4.45m NOK (+100.2% YoY). Calculated
↑
Equity strengthened

Book equity 192.5k NOK → 553.3k NOK (equity ratio 32.7% → 63.9%). Calculated
↑
Cash rose

Bank deposits 304.4k NOK → 562.8k NOK (+84.9% YoY). Calculated

·
Payroll increased

Salary cost 1.34m NOK → 2.29m NOK (60% → 52% of revenue). Calculated
·
COGS fell

COGS / varekostnad 709.6k NOK → 367.5k NOK (-48.2% YoY). Calculated