Org.nr 841 564 812 2018 → 2019 Year-over-year analysis

A KARLSEN & SØNN AS: årsregnskap 2019 vs 2018

Grew 55% on revenue, cash halved-plus

approved 2020-07-02; registry 2020-08-03; journal 2020 642466

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A KARLSEN & SØNN AS. Revenue 2.40m NOK → 3.70m NOK (+54.6%).

On the constructive side: revenue rose. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A KARLSEN & SØNN AS.

At a glance

Revenue

2.40m NOK 3.70m NOK

+54.6%

Net result

n/m +792.1k NOK

—

Equity

11.78m NOK n/m

—

Cash

184.4k NOK 89.8k NOK

-51.3%

Total assets

2.39m NOK 2.90m NOK

+21.1%

↑
Revenue rose

Operating income / revenue moved from 2.40m NOK to 3.70m NOK (+54.6% YoY). Calculated

↓
Cash fell

Bank deposits 184.4k NOK → 89.8k NOK (-51.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.36× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated