Org.nr 921 876 815 2018 → 2019 Year-over-year analysis

A.S. KVIA HOLDING AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, slipped into loss, fresh owner capital

approved 2020-04-27; registry 2020-07-27; journal 2020 611532

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A.S. KVIA HOLDING AS. Revenue 58.3k NOK → 0 NOK (-100.0%). Net result +7.61m NOK → -25.7k NOK. Equity 26.36m NOK → 26.33m NOK.

On the constructive side: operating result improved; cash rose; owners injected capital. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.S. KVIA HOLDING AS.

Scorecard

Revenue
58.3k NOK 0 NOK
-100.0%
Operating result
-106.5k NOK -46.5k NOK
+56.4%
Net result
+7.61m NOK -25.7k NOK
-100.3%
Equity
26.36m NOK 26.33m NOK
-0.1%
Cash
15.2k NOK 18.40m NOK
+120711.9%
Total assets
27.87m NOK 26.34m NOK
-5.5%

What improved

  • ↑

    Operating result improved

    Operating result -106.5k NOK → -46.5k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 15.2k NOK → 18.40m NOK (+120711.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 017 NOK → 1.02m NOK (+1.02m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 58.3k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7.61m NOK profit to a loss of 25.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 26.36m NOK → 26.33m NOK (equity ratio 94.6% → 100.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 937 NOK → 7.94m NOK. Reported fact