Org.nr 989 211 013 2018 → 2019 Year-over-year analysis

A. MARTINSEN INVEST AS: årsregnskap 2019 vs 2018

Shrank 50% on revenue

approved 2020-04-17; registry 2020-04-21; journal 2020 300904

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. MARTINSEN INVEST AS. Revenue 244.8k NOK → 122.4k NOK (-50.0%).

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. MARTINSEN INVEST AS.

At a glance

Revenue

244.8k NOK 122.4k NOK

-50.0%

Operating result

n/m +54.5k NOK

—

Net result

n/m +3.96m NOK

—

Cash

383.9k NOK 492.9k NOK

+28.4%

Total assets

9.89m NOK 13.27m NOK

+34.2%

↑
Cash rose

Bank deposits 383.9k NOK → 492.9k NOK (+28.4% YoY). Calculated
↑
Payroll decreased

Salary cost 89.6k NOK → 67.9k NOK (37% → 55% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 244.8k NOK to 122.4k NOK (-50.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 6.96× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 8.59m NOK → 12.07m NOK. Reported fact