Org.nr 947 169 483 2018 → 2019 Year-over-year analysis

A/S Mascot Holding: årsregnskap 2019 vs 2018

Shrank 100% on revenue, stronger earnings

approved 2020-06-26; registry 2020-09-05; journal 2020 736614

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Mascot Holding. Revenue 148.45m NOK → 149.4k NOK (-99.9%). Net result +7.52m NOK → +18.64m NOK. Equity 46.86m NOK → 60.38m NOK.

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

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

Scorecard

Revenue
148.45m NOK 149.4k NOK
-99.9%
Operating result
n/m -4.47m NOK
—
Net result
+7.52m NOK +18.64m NOK
+147.9%
Equity
46.86m NOK 60.38m NOK
+28.9%
Cash
9 325 NOK 11.1k NOK
+19.2%
Total assets
72.73m NOK 102.66m NOK
+41.2%

What improved

  • ↑

    Net result improved

    Net result +7.52m NOK → +18.64m NOK (net margin 5.1% → 12471.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 46.86m NOK → 60.38m NOK (equity ratio 64.4% → 58.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 9 325 NOK → 11.1k NOK (+19.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.13m NOK → 10.1k NOK (7% → 7% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 148.45m NOK to 149.4k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 49.09m NOK → 48.40m NOK (-1.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 67.76m NOK → 61.22m NOK. Reported fact