FirmaIQ
Org.nr 964 217 890 2018 → 2019 Year-over-year analysis

A PEDERSEN-MJAANES AS: årsregnskap 2019 vs 2018

Grew 7% on revenue, stronger earnings

approved 2020-04-02; registry 2020-04-29; journal 2020 317983

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A PEDERSEN-MJAANES AS. Revenue 3.64m NOK → 3.89m NOK (+6.7%). Net result +287.6k NOK → +365.5k NOK. Equity 2.36m NOK → 2.13m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.

At a glance

Scorecard

Revenue
3.64m NOK 3.89m NOK
+6.7%
Operating result
+366.5k NOK +457.0k NOK
+24.7%
Net result
+287.6k NOK +365.5k NOK
+27.1%
Equity
2.36m NOK 2.13m NOK
-9.9%
Cash
2.28m NOK 2.59m NOK
+13.9%
Total assets
2.88m NOK 3.17m NOK
+10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.64m NOK to 3.89m NOK (+6.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +366.5k NOK → +457.0k NOK (op. margin 10.1% → 11.8%). Calculated

  • ↑

    Net result improved

    Net result +287.6k NOK → +365.5k NOK (net margin 7.9% → 9.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.28m NOK → 2.59m NOK (+13.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.36m NOK → 2.13m NOK (equity ratio 82.1% → 67.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 635.7k NOK → 643.7k NOK (17% → 17% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.33m NOK → 2.46m NOK (+5.4% YoY). Calculated