Org.nr 947 606 239 2018 → 2019 Year-over-year analysis

A/S Longvafisk: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-05-08; registry 2020-09-07; journal 2020 762648

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Longvafisk. Revenue 16.31m NOK → 16.28m NOK (-0.2%). Equity 448.1k NOK → 323.5k NOK.

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

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

At a glance

Revenue

16.31m NOK 16.28m NOK

-0.2%

Equity

448.1k NOK 323.5k NOK

-27.8%

Cash

281.4k NOK 87.2k NOK

-69.0%

Total assets

2.09m NOK 2.48m NOK

+18.7%

↑
Payroll decreased

Salary cost 2.40m NOK → 2.13m NOK (15% → 13% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 16.31m NOK to 16.28m NOK (-0.2% YoY). Calculated
↓
Equity eroded

Book equity 448.1k NOK → 323.5k NOK (equity ratio 21.5% → 13.1%). Calculated
↓
Cash fell

Bank deposits 281.4k NOK → 87.2k NOK (-69.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 86.9k NOK → 53.4k NOK. Reported fact