Org.nr 994 258 281 2018 → 2019 Year-over-year analysis

A. MIDTBØEN ELEKTRO AS: årsregnskap 2019 vs 2018

Grew 20% on revenue

approved 2020-03-23; registry 2020-04-07; journal 2020 280255

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A. MIDTBØEN ELEKTRO AS. Revenue 2.53m NOK → 3.03m NOK (+20.1%).

On the constructive side: revenue rose.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A. MIDTBØEN ELEKTRO AS.

Scorecard

Revenue
2.53m NOK 3.03m NOK
+20.1%
Operating result
n/m +276.9k NOK
—
Net result
n/m +216.8k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.53m NOK to 3.03m NOK (+20.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.21m NOK → 1.35m NOK (48% → 44% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 927.7k NOK → 28.3k NOK (-97.0% YoY). Calculated