A. NEGAARD AS: årsregnskap 2019 vs 2018
Grew 133203200% on revenue, weaker earnings
approved 2020-04-24; registry 2020-05-12; journal 2020 349532
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. NEGAARD AS. Revenue 1 NOK → 1.33m NOK (+133203200.0%). Net result -192.8k NOK → -454.5k NOK. Equity 11.56m NOK → 10.11m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. NEGAARD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 NOK to 1.33m NOK (+133203200.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 541.4k NOK → 532.6k NOK (54141000% → 40% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -213.1k NOK → -486.4k NOK (op. margin -21309400.0% → -36.5%). Calculated
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↓
Net result weakened
Net result -192.8k NOK → -454.5k NOK (net margin -19278900.0% → -34.1%). Calculated
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↓
Equity eroded
Book equity 11.56m NOK → 10.11m NOK (equity ratio 774.1% → 905.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 39.6k NOK → 10.7k NOK (-73.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact