A MARKUSSEN AS: årsregnskap 2019 vs 2018
Grew 13% on revenue, returned to profit, fresh owner capital
approved 2020-08-18; registry 2020-10-12; journal 2020 925318
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A MARKUSSEN AS. Revenue 57.23m NOK → 64.47m NOK (+12.7%). Net result -3.47m NOK → +910.1k NOK. Equity 10.86m NOK → 9.77m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A MARKUSSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 57.23m NOK to 64.47m NOK (+12.7% YoY). Calculated
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Operating result improved
Operating result -4.36m NOK → +1.30m NOK (op. margin -7.6% → 2.0%). Calculated
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Turned profitable
Net result flipped from a loss of 3.47m NOK to a profit of 910.1k NOK. Calculated
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Owners injected capital
Paid-in equity rose 500.0k NOK → 3.50m NOK (+3.00m NOK). Reported fact
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Payroll decreased
Salary cost 19.92m NOK → 16.60m NOK (35% → 26% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.86m NOK → 9.77m NOK (equity ratio 43.8% → 47.4%). Calculated
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↓
Cash fell
Bank deposits 5.33m NOK → 4.00m NOK (-25.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 26.08m NOK → 34.80m NOK (+33.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 119.8k NOK → 464.4k NOK. Reported fact