Org.nr 947 957 007 2018 → 2019 Year-over-year analysis

A-OPTIKK AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-06-02; registry 2020-07-06; journal 2020 534345

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A-OPTIKK AS. Revenue 8.29m NOK → 8.49m NOK (+2.5%). Equity -767.2k NOK → -1.07m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-OPTIKK AS.

At a glance

Revenue

8.29m NOK 8.49m NOK

+2.5%

Operating result

n/m -238.8k NOK

—

Net result

n/m -302.6k NOK

—

Equity

-767.2k NOK -1.07m NOK

-39.4%

Cash

55.2k NOK 73.8k NOK

+33.7%

Total assets

3.33m NOK 3.00m NOK

-9.8%

↑
Revenue rose

Operating income / revenue moved from 8.29m NOK to 8.49m NOK (+2.5% YoY). Calculated
↑
Cash rose

Bank deposits 55.2k NOK → 73.8k NOK (+33.7% YoY). Calculated
↑
Payroll decreased

Salary cost 2.03m NOK → 1.69m NOK (25% → 20% of revenue). Calculated

↓
Equity eroded

Book equity -767.2k NOK → -1.07m NOK (equity ratio -23.1% → -35.7%). Calculated

·
Thin equity buffer

Equity ratio is -35.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 4.11m NOK → 4.93m NOK (+20.1% YoY). Calculated