Org.nr 911 374 919 2018 → 2019 Year-over-year analysis

A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2019 vs 2018

Grew 34% on revenue

approved 2020-05-15; registry 2020-05-28; journal 2020 375474

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 164.3k NOK → 220.2k NOK (+34.0%). Equity 61.56m NOK → 56.73m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.

Scorecard

Revenue
164.3k NOK 220.2k NOK
+34.0%
Operating result
n/m -215.0k NOK
—
Net result
n/m +161.4k NOK
—
Equity
61.56m NOK 56.73m NOK
-7.9%
Cash
14.50m NOK 13.03m NOK
-10.2%
Total assets
65.72m NOK 61.75m NOK
-6.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 164.3k NOK to 220.2k NOK (+34.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7 118 NOK → 7 NOK (4% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 61.56m NOK → 56.73m NOK (equity ratio 93.7% → 91.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.50m NOK → 13.03m NOK (-10.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 79.2k NOK → 45.7k NOK (-42.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 24.8k NOK → 31.38m NOK. Reported fact