FirmaIQ
Org.nr 932 404 141 2018 → 2019 Year-over-year analysis

A MIDDELTHON AS: årsregnskap 2019 vs 2018

Grew 12% on revenue, weaker earnings

approved 2020-03-16; registry 2020-09-10; journal 2020 791352

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A MIDDELTHON AS. Revenue 2.59m NOK → 2.89m NOK (+11.8%). Net result +527.8k NOK → +1 152 NOK. Equity 6.41m NOK → 6.41m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A MIDDELTHON AS.

At a glance

Scorecard

Revenue
2.59m NOK 2.89m NOK
+11.8%
Operating result
+997.3k NOK +920.2k NOK
-7.7%
Net result
+527.8k NOK +1 152 NOK
-99.8%
Equity
6.41m NOK 6.41m NOK
+0.0%
Cash
136.0k NOK 715.8k NOK
+426.5%
Total assets
14.98m NOK 14.82m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.59m NOK to 2.89m NOK (+11.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.41m NOK → 6.41m NOK (equity ratio 42.8% → 43.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 136.0k NOK → 715.8k NOK (+426.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +997.3k NOK → +920.2k NOK (op. margin 38.5% → 31.8%). Calculated

  • ↓

    Net result weakened

    Net result +527.8k NOK → +1 152 NOK (net margin 20.4% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 65.2k NOK → 17.2k NOK (-73.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.00m NOK → 1.72m NOK. Reported fact