A.N.F TRADING INTERNATIONAL AS: årsregnskap 2019 vs 2018
Grew 889% on revenue, stronger earnings
approved 2020-06-23; registry 2020-06-30; journal 2020 513547
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.N.F TRADING INTERNATIONAL AS. Revenue 944.5k NOK → 9.34m NOK (+888.7%). Net result +388.7k NOK → +500.1k NOK. Equity 548 NOK → 1.05bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A.N.F TRADING INTERNATIONAL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 944.5k NOK to 9.34m NOK (+888.7% YoY). Calculated
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Net result improved
Net result +388.7k NOK → +500.1k NOK (net margin 41.2% → 5.4%). Calculated
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Equity strengthened
Book equity 548 NOK → 1.05bn NOK (equity ratio 0.1% → 32830.8%). Calculated
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Cash rose
Bank deposits 346.2k NOK → 358.7k NOK (+3.6% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.04× → 18.87×. Calculated
Things to notice
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COGS moved
COGS / varekostnad 712.2k NOK → 5.86m NOK (+722.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 236.0k NOK → 108.0k NOK. Reported fact