A/S Audax: årsregnskap 2019 vs 2018
Grew 96398% on revenue, returned to profit
approved 2020-01-27; registry 2020-04-21; journal 2020 300982
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Audax. Revenue 182 NOK → 175.6k NOK (+96397.8%). Net result -69.8k NOK → +143.4k NOK. Equity 1.63m NOK → 1.77m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 182 NOK to 175.6k NOK (+96397.8% YoY). Calculated
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↑
Operating result improved
Operating result -124.0k NOK → +142.6k NOK (op. margin -68142.9% → 81.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 69.8k NOK to a profit of 143.4k NOK. Calculated
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↑
Equity strengthened
Book equity 1.63m NOK → 1.77m NOK (equity ratio 100.0% → 229.5%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 235.9k NOK → 206.5k NOK (-12.5% YoY). Calculated