A RENHOLD OG VASK AS: årsregnskap 2019 vs 2018
Grew 322166% on revenue, stronger earnings, cash halved-plus
approved 2020-05-23; registry 2020-09-16; journal 2020 819421
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A RENHOLD OG VASK AS. Revenue 1 632 NOK → 5.26m NOK (+322166.1%). Net result +54.1k NOK → +620.0k NOK. Equity 74.1k NOK → 11.69m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A RENHOLD OG VASK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 632 NOK to 5.26m NOK (+322166.1% YoY). Calculated
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Operating result improved
Operating result +69.9k NOK → +796.0k NOK (op. margin 4284.3% → 15.1%). Calculated
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Net result improved
Net result +54.1k NOK → +620.0k NOK (net margin 3314.8% → 11.8%). Calculated
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Equity strengthened
Book equity 74.1k NOK → 11.69m NOK (equity ratio 12.0% → 1820.2%). Calculated
What deteriorated
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Cash fell
Bank deposits 312.8k NOK → 54.8k NOK (-82.5% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.18× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 33.2k NOK → 66.2k NOK (+99.2% YoY). Calculated