A.S. MONTASJE AS: årsregnskap 2019 vs 2018
Grew 7% on revenue, stronger earnings
approved 2020-11-24; registry 2020-11-26; journal 2020 971464
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.S. MONTASJE AS. Revenue 20.76m NOK → 22.26m NOK (+7.2%). Net result -453.1k NOK → -317.8k NOK. Equity 7.99m NOK → 675.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A.S. MONTASJE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 20.76m NOK to 22.26m NOK (+7.2% YoY). Calculated
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Operating result improved
Operating result -489.8k NOK → -321.9k NOK (op. margin -2.4% → -1.4%). Calculated
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Net result improved
Net result -453.1k NOK → -317.8k NOK (net margin -2.2% → -1.4%). Calculated
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Cash rose
Bank deposits 15.6k NOK → 241.2k NOK (+1447.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 7.99m NOK → 675.3k NOK (equity ratio 151.8% → 12.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 7.25m NOK → 7.90m NOK (35% → 35% of revenue). Calculated
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COGS moved
COGS / varekostnad 8.80m NOK → 11.91m NOK (+35.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 117.4k NOK → 96.7k NOK. Reported fact