FirmaIQ
Org.nr 938 106 827 2018 → 2019 Year-over-year analysis

A L Høyer Askim AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-08-21; registry 2020-09-03; journal 2020 735692

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A L Høyer Askim AS. Revenue 8.81m NOK → 8.38m NOK (-4.9%). Net result +430.2k NOK → +165.2k NOK. Equity 1.38m NOK → 1.54m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
8.81m NOK 8.38m NOK
-4.9%
Operating result
+555.2k NOK +212.3k NOK
-61.8%
Net result
+430.2k NOK +165.2k NOK
-61.6%
Equity
1.38m NOK 1.54m NOK
+12.0%
Cash
1.89m NOK 2.08m NOK
+10.2%
Total assets
3.11m NOK 3.16m NOK
+1.7%

What improved

  • ↑

    Equity strengthened

    Book equity 1.38m NOK → 1.54m NOK (equity ratio 44.2% → 48.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.89m NOK → 2.08m NOK (+10.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.90m NOK → 6.46m NOK (78% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.81m NOK to 8.38m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +555.2k NOK → +212.3k NOK (op. margin 6.3% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +430.2k NOK → +165.2k NOK (net margin 4.9% → 2.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 89.0k NOK → 337.4k NOK (+279.2% YoY). Calculated