Org.nr 960 894 022 2018 → 2019 Year-over-year analysis

A PEDERSEN & SØNN AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2021-01-18; registry 2021-01-20; journal 2021 107753

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A PEDERSEN & SØNN AS. Revenue 19.37m NOK → 19.47m NOK (+0.5%).

On the constructive side: revenue rose. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A PEDERSEN & SØNN AS.

At a glance

Revenue

19.37m NOK 19.47m NOK

+0.5%

Operating result

n/m +2.75m NOK

—

Net result

n/m -7.78m NOK

—

Cash

2 633 NOK 90 NOK

-96.6%

Total assets

65.66m NOK 65.42m NOK

-0.4%

↑
Revenue rose

Operating income / revenue moved from 19.37m NOK to 19.47m NOK (+0.5% YoY). Calculated

↓
Cash fell

Bank deposits 2 633 NOK → 90 NOK (-96.6% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.10× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 4.88m NOK → 497.7k NOK (-89.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.39m NOK → 275.7k NOK. Reported fact