A-RAIL AS: årsregnskap 2019 vs 2018
Shrank 87% on revenue, weaker earnings
approved 2020-04-24; registry 2020-09-15; journal 2020 816526
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-RAIL AS. Revenue 421.8k NOK → 54.9k NOK (-87.0%). Net result +48.7k NOK → +13.0k NOK. Equity 78.7k NOK → 65.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-RAIL AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 421.8k NOK to 54.9k NOK (-87.0% YoY). Calculated
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↓
Operating result weakened
Operating result +99.1k NOK → +13.0k NOK (op. margin 23.5% → 23.8%). Calculated
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↓
Net result weakened
Net result +48.7k NOK → +13.0k NOK (net margin 11.6% → 23.7%). Calculated
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↓
Equity eroded
Book equity 78.7k NOK → 65.7k NOK (equity ratio 98.5% → 92.2%). Calculated
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↓
Cash fell
Bank deposits 80.0k NOK → 71.3k NOK (-10.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 311.4k NOK → 56.4k NOK (-81.9% YoY). Calculated