A.M AUTOSALG AS: årsregnskap 2019 vs 2018
Grew 24% on revenue
approved 2020-07-03; registry 2020-07-16; journal 2020 582358
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.M AUTOSALG AS. Revenue 12.59m NOK → 15.64m NOK (+24.2%). Equity 730.8k NOK → 201.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.M AUTOSALG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.59m NOK to 15.64m NOK (+24.2% YoY). Calculated
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↑
Cash rose
Bank deposits 129.8k NOK → 335.9k NOK (+158.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 44.19×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 730.8k NOK → 201.2k NOK (equity ratio 81.3% → 4.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 10.63m NOK → 12.99m NOK (+22.2% YoY). Calculated