A-PLAST AS: årsregnskap 2019 vs 2018
Shrank 22% on revenue, slipped into loss
approved 2020-06-27; registry 2020-07-27; journal 2020 606885
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-PLAST AS. Revenue 15.37m NOK → 11.93m NOK (-22.4%). Net result +272.4k NOK → -398.6k NOK. Equity 910.44m NOK → 511.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A-PLAST AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.93m NOK → 3.63m NOK (26% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.37m NOK to 11.93m NOK (-22.4% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 272.4k NOK profit to a loss of 398.6k NOK. Calculated
-
↓
Equity eroded
Book equity 910.44m NOK → 511.8k NOK (equity ratio 21493.3% → 13.6%). Calculated
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↓
Cash fell
Bank deposits 109.5k NOK → 98.3k NOK (-10.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.90m NOK → 5.69m NOK (-28.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 22.0k NOK → 0 NOK. Reported fact