A NIELSEN TRAFIKKSKOLE AS: årsregnskap 2019 vs 2018
Shrank 12% on revenue, weaker earnings
approved 2020-03-26; registry 2020-06-13; journal 2020 428263
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A NIELSEN TRAFIKKSKOLE AS. Revenue 2.98m NOK → 2.61m NOK (-12.4%). Net result -101.7k NOK → -148.2k NOK. Equity 334.9k NOK → 186.7k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A NIELSEN TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 266.8k NOK → 353.8k NOK (+32.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.11m NOK → 1.05m NOK (37% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.98m NOK to 2.61m NOK (-12.4% YoY). Calculated
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↓
Operating result weakened
Operating result -86.5k NOK → -131.7k NOK (op. margin -2.9% → -5.0%). Calculated
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↓
Net result weakened
Net result -101.7k NOK → -148.2k NOK (net margin -3.4% → -5.7%). Calculated
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↓
Equity eroded
Book equity 334.9k NOK → 186.7k NOK (equity ratio 33.6% → 21.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.07m NOK → 846.7k NOK (-20.6% YoY). Calculated