A.R. CONSULTING AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, returned to profit
approved 2020-05-11; registry 2020-06-20; journal 2020 458161
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.R. CONSULTING AS. Revenue 221.80m NOK → 296.4k NOK (-99.9%). Net result -137.2k NOK → +84.5k NOK. Equity -212.6k NOK → -128.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.R. CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -178.5k NOK → +108.5k NOK (op. margin -0.1% → 36.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 137.2k NOK to a profit of 84.5k NOK. Calculated
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↑
Equity strengthened
Book equity -212.6k NOK → -128.1k NOK (equity ratio -1026.8% → -235.2%). Calculated
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↑
Cash rose
Bank deposits 11.7k NOK → 19.5k NOK (+66.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 221.80m NOK to 296.4k NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.49× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 15.4k NOK → 61.8k NOK (0% → 21% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 354.2k NOK → 96.4k NOK (-72.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 21.8k NOK → 35.0k NOK. Reported fact