A-LI DRABANTEN AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, weaker earnings
approved 2020-09-15; registry 2020-10-06; journal 2020 920674
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-LI DRABANTEN AS. Revenue 1.16m NOK → 1.28m NOK (+9.8%). Net result +122.6k NOK → +1 310 NOK. Equity -198.9k NOK → -200.2k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-LI DRABANTEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.16m NOK to 1.28m NOK (+9.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 765.5k NOK → 609.5k NOK (66% → 48% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +217.0k NOK → +1 602 NOK (op. margin 18.6% → 0.1%). Calculated
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↓
Net result weakened
Net result +122.6k NOK → +1 310 NOK (net margin 10.5% → 0.1%). Calculated
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↓
Equity eroded
Book equity -198.9k NOK → -200.2k NOK (equity ratio -22.0% → -27.6%). Calculated
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↓
Cash fell
Bank deposits 120.3k NOK → 82.1k NOK (-31.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.56× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 308.6k NOK → 343.5k NOK (+11.3% YoY). Calculated