A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-06-17; registry 2020-06-24; journal 2020 483958
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 5.43m NOK → 5.25m NOK (-3.4%).
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.86× → 1.95×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.43m NOK to 5.25m NOK (-3.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 965.6k NOK → 608.6k NOK (-37.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.93m NOK → 2.34m NOK (36% → 45% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 742.3k NOK → 597.3k NOK (-19.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 189.6k NOK → 145.8k NOK. Reported fact