A OVA AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, stronger earnings, cash halved-plus
approved 2020-03-06; registry 2020-06-22; journal 2020 471600
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A OVA AS. Revenue 510.3k NOK → 556.1k NOK (+9.0%). Net result +105.3k NOK → +143.0k NOK. Equity 1.08m NOK → 1.22m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
510.3k NOK
556.1k NOK
+9.0%
Operating result
n/m
+182.8k NOK
—
Net result
+105.3k NOK
+143.0k NOK
+35.8%
Equity
1.08m NOK
1.22m NOK
+13.2%
Cash
441.1k NOK
207.1k NOK
-53.0%
Total assets
1.65m NOK
1.38m NOK
-16.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 510.3k NOK to 556.1k NOK (+9.0% YoY). Calculated
-
↑
Net result improved
Net result +105.3k NOK → +143.0k NOK (net margin 20.6% → 25.7%). Calculated
-
↑
Equity strengthened
Book equity 1.08m NOK → 1.22m NOK (equity ratio 65.5% → 88.5%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 441.1k NOK → 207.1k NOK (-53.0% YoY). Calculated