A.M. SERVICES AS: årsregnskap 2019 vs 2018
Shrank 15% on revenue, weaker earnings, cash halved-plus
approved 2020-07-11; registry 2020-07-14; journal 2020 612028
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.M. SERVICES AS. Revenue 72.3k NOK → 61.7k NOK (-14.6%). Net result -2 643 NOK → -21.3k NOK. Equity 71.4k NOK → 50.1k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
72.3k NOK
61.7k NOK
-14.6%
Operating result
n/m
-27.3k NOK
—
Net result
-2 643 NOK
-21.3k NOK
-705.6%
Equity
71.4k NOK
50.1k NOK
-29.8%
Cash
13.9k NOK
2 023 NOK
-85.4%
Total assets
75.1k NOK
59.9k NOK
-20.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 72.3k NOK to 61.7k NOK (-14.6% YoY). Calculated
-
↓
Net result weakened
Net result -2 643 NOK → -21.3k NOK (net margin -3.7% → -34.5%). Calculated
-
↓
Equity eroded
Book equity 71.4k NOK → 50.1k NOK (equity ratio 95.0% → 83.7%). Calculated
-
↓
Cash fell
Bank deposits 13.9k NOK → 2 023 NOK (-85.4% YoY). Calculated