A-MEDIA AS: årsregnskap 2019 vs 2018
Grew 14% on revenue, weaker earnings
approved 2020-05-25; registry 2020-06-17; journal 2020 451496
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-MEDIA AS. Revenue 5.22m NOK → 5.94m NOK (+13.8%). Net result +942.8k NOK → +32.2k NOK. Equity 2.30m NOK → 3.33m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A-MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.22m NOK to 5.94m NOK (+13.8% YoY). Calculated
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↑
Equity strengthened
Book equity 2.30m NOK → 3.33m NOK (equity ratio 49.2% → 56.0%). Calculated
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↑
Cash rose
Bank deposits 166.5k NOK → 184.8k NOK (+11.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +942.8k NOK → +32.2k NOK (net margin 18.1% → 0.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 1.68m NOK (0% → 28% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 399.0k NOK → 39.2k NOK (-90.2% YoY). Calculated