FirmaIQ
Org.nr 947 454 838 2018 → 2019 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2019 vs 2018

Grew 9% on revenue

approved 2020-02-06; registry 2020-06-24; journal 2020 481530

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Hørtefossen. Revenue 7.15m NOK → 7.82m NOK (+9.4%). Equity 6.78m NOK → 7.90m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Scorecard

Revenue
7.15m NOK 7.82m NOK
+9.4%
Equity
6.78m NOK 7.90m NOK
+16.5%
Cash
1.41m NOK 2.94m NOK
+108.5%
Total assets
9.25m NOK 10.39m NOK
+12.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.15m NOK to 7.82m NOK (+9.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.78m NOK → 7.90m NOK (equity ratio 73.3% → 76.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 2.94m NOK (+108.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 018 NOK → 2.74m NOK (0% → 35% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.39m NOK → 2.19m NOK (-8.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.73m NOK → 4.57m NOK. Reported fact