FirmaIQ
Org.nr 946 995 517 2018 → 2019 Year-over-year analysis

A/S Even Cudrio: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-09-18; registry 2020-10-03; journal 2020 899285

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Even Cudrio. Revenue 19.86m NOK → 19.01m NOK (-4.3%). Net result +6 NOK → +7.42m NOK. Equity 3.94m NOK → 4.35m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Even Cudrio.

At a glance

Scorecard

Revenue
19.86m NOK 19.01m NOK
-4.3%
Operating result
-30.7k NOK +581.0k NOK
+1994.5%
Net result
+6 NOK +7.42m NOK
+123593766.7%
Equity
3.94m NOK 4.35m NOK
+10.6%
Cash
384.1k NOK 109.9k NOK
-71.4%
Total assets
10.61m NOK 9.62m NOK
-9.4%

What improved

  • ↑

    Operating result improved

    Operating result -30.7k NOK → +581.0k NOK (op. margin -0.2% → 3.1%). Calculated

  • ↑

    Net result improved

    Net result +6 NOK → +7.42m NOK (net margin 0.0% → 39.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.94m NOK → 4.35m NOK (equity ratio 37.1% → 45.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.86m NOK to 19.01m NOK (-4.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 384.1k NOK → 109.9k NOK (-71.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.44m NOK → 6.17m NOK (-17.1% YoY). Calculated