A. M. VIK AS: årsregnskap 2019 vs 2018
Shrank 9% on revenue, stronger earnings
approved 2020-08-31; registry 2020-09-29; journal 2020 876175
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. M. VIK AS. Revenue 16.89m NOK → 15.38m NOK (-9.0%). Net result +424.2k NOK → +522.9k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A. M. VIK AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +424.2k NOK → +522.9k NOK (net margin 2.5% → 3.4%). Calculated
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↑
Payroll decreased
Salary cost 5.58m NOK → 5.36m NOK (33% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 16.89m NOK to 15.38m NOK (-9.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.16m NOK → 6.26m NOK (-12.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 57.7k NOK → 557.9k NOK. Reported fact