Org.nr 946 713 929 2018 → 2019 Year-over-year analysis

A/S PAKK & ILEGG: årsregnskap 2019 vs 2018

Grew 24% on revenue, returned to profit

approved 2020-05-07; registry 2020-05-25; journal 2020 363678

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S PAKK & ILEGG. Revenue 8.20m NOK → 10.13m NOK (+23.6%). Net result -781.8k NOK → +485.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S PAKK & ILEGG.

At a glance

Revenue

8.20m NOK 10.13m NOK

+23.6%

Operating result

-800.8k NOK +478.7k NOK

+159.8%

Net result

-781.8k NOK +485.9k NOK

+162.2%

Cash

2.11m NOK 2.21m NOK

+4.6%

Total assets

3.76m NOK 4.01m NOK

+6.6%

↑
Revenue rose

Operating income / revenue moved from 8.20m NOK to 10.13m NOK (+23.6% YoY). Calculated
↑
Operating result improved

Operating result -800.8k NOK → +478.7k NOK (op. margin -9.8% → 4.7%). Calculated
↑
Turned profitable

Net result flipped from a loss of 781.8k NOK to a profit of 485.9k NOK. Calculated
↑
Cash rose

Bank deposits 2.11m NOK → 2.21m NOK (+4.6% YoY). Calculated