A-M-B HOLDING AS: årsregnskap 2019 vs 2018
Shrank 62% on revenue, returned to profit
approved 2020-05-26; registry 2020-06-10; journal 2020 407129
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-M-B HOLDING AS. Revenue 148.0k NOK → 56.0k NOK (-62.1%). Net result -48.9k NOK → +586.8k NOK. Equity 10.25m NOK → 8.23m NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-M-B HOLDING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 48.9k NOK to a profit of 586.8k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 148.0k NOK to 56.0k NOK (-62.1% YoY). Calculated
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↓
Operating result weakened
Operating result -76.2k NOK → -88.4k NOK (op. margin -51.5% → -157.9%). Calculated
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↓
Equity eroded
Book equity 10.25m NOK → 8.23m NOK (equity ratio 99.9% → 78.8%). Calculated
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↓
Cash fell
Bank deposits 5.65m NOK → 2.93m NOK (-48.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 7.28m NOK. Reported fact