FirmaIQ
Org.nr 946 195 340 2018 → 2019 Year-over-year analysis

A/S POLYCORP: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-08-31; registry 2020-10-12; journal 2020 928864

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S POLYCORP. Revenue 40.0k NOK → 40.0k NOK (0.0%). Net result -1.04m NOK → +2.19m NOK. Equity 1.26m NOK → 3.44m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
40.0k NOK 40.0k NOK
0.0%
Operating result
-294.2k NOK +615.6k NOK
+309.2%
Net result
-1.04m NOK +2.19m NOK
+309.4%
Equity
1.26m NOK 3.44m NOK
+174.1%
Cash
1.65m NOK 848.9k NOK
-48.5%
Total assets
19.23m NOK 20.08m NOK
+4.4%

What improved

  • ↑

    Operating result improved

    Operating result -294.2k NOK → +615.6k NOK (op. margin -735.6% → 1538.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.04m NOK to a profit of 2.19m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.26m NOK → 3.44m NOK (equity ratio 6.5% → 17.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.65m NOK → 848.9k NOK (-48.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.82m NOK → 6.15m NOK. Reported fact