A/S Kvikk: årsregnskap 2019 vs 2018
Grew 102400% on revenue, weaker earnings
approved 2020-02-26; registry 2020-03-18; journal 2020 247649
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Kvikk. Revenue 192 NOK → 196.8k NOK (+102400.0%). Net result +62.3k NOK → +49.4k NOK. Equity 676.0k NOK → 725.4k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 192 NOK to 196.8k NOK (+102400.0% YoY). Calculated
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↑
Equity strengthened
Book equity 676.0k NOK → 725.4k NOK (equity ratio 47.0% → 51.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +98.7k NOK → +80.0k NOK (op. margin 51385.4% → 40.6%). Calculated
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↓
Net result weakened
Net result +62.3k NOK → +49.4k NOK (net margin 32471.4% → 25.1%). Calculated
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↓
Cash fell
Bank deposits 108.3k NOK → 85.6k NOK (-21.0% YoY). Calculated