A/S MILLENIUM: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-05-20; registry 2020-06-15; journal 2020 434680
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S MILLENIUM. Net result +397.0k NOK → +11.53m NOK. Equity 42.21m NOK → 53.74m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-36.5k NOK
-313.2k NOK
-758.5%
Net result
+397.0k NOK
+11.53m NOK
+2803.8%
Equity
42.21m NOK
53.74m NOK
+27.3%
Cash
4.08m NOK
1.67m NOK
-59.1%
Total assets
42.29m NOK
55.75m NOK
+31.9%
What improved
-
↑
Net result improved
Net result +397.0k NOK → +11.53m NOK. Calculated
-
↑
Equity strengthened
Book equity 42.21m NOK → 53.74m NOK (equity ratio 99.8% → 96.4%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -36.5k NOK → -313.2k NOK. Calculated
-
↓
Cash fell
Bank deposits 4.08m NOK → 1.67m NOK (-59.1% YoY). Calculated