A.M.WORLD MUSIC & THAI FRUITS AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, slipped into loss, cash halved-plus
approved 2020-05-08; registry 2020-05-20; journal 2020 361618
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.M.WORLD MUSIC & THAI FRUITS AS. Revenue 1.33m NOK → 1.44m NOK (+8.6%). Net result +30.0k NOK → -350.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.M.WORLD MUSIC & THAI FRUITS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.33m NOK to 1.44m NOK (+8.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +30.0k NOK → -348.5k NOK (op. margin 2.3% → -24.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 30.0k NOK profit to a loss of 350.3k NOK. Calculated
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↓
Cash fell
Bank deposits 50.3k NOK → 25.1k NOK (-50.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 66.1k NOK → 126.5k NOK (+91.3% YoY). Calculated