A. RANDEN TRANSPORT AS: årsregnskap 2019 vs 2018
Grew 50% on revenue, stronger earnings
approved 2020-02-28; registry 2020-08-31; journal 2020 714387
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. RANDEN TRANSPORT AS. Revenue 637.6k NOK → 958.4k NOK (+50.3%). Net result +99.7k NOK → +207.2k NOK. Equity 599.7k NOK → 392.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. RANDEN TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 637.6k NOK to 958.4k NOK (+50.3% YoY). Calculated
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↑
Operating result improved
Operating result +132.6k NOK → +233.7k NOK (op. margin 20.8% → 24.4%). Calculated
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↑
Net result improved
Net result +99.7k NOK → +207.2k NOK (net margin 15.6% → 21.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 599.7k NOK → 392.5k NOK (equity ratio 36.0% → 15.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 9 084 NOK → 1.38m NOK (1% → 144% of revenue). Calculated