FirmaIQ
Org.nr 915 370 624 2018 → 2019 Year-over-year analysis

A/S Rep-Rek: årsregnskap 2019 vs 2018

Shrank 12% on revenue, weaker earnings

approved 2020-05-18; registry 2020-06-08; journal 2020 401167

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Rep-Rek. Revenue 10.07m NOK → 8.83m NOK (-12.3%). Net result +10.23m NOK → +10 NOK. Equity 1.02m NOK → 10.48m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Rep-Rek.

At a glance

Scorecard

Revenue
10.07m NOK 8.83m NOK
-12.3%
Operating result
+384.6k NOK -458.7k NOK
-219.3%
Net result
+10.23m NOK +10 NOK
-100.0%
Equity
1.02m NOK 10.48m NOK
+926.2%
Cash
681.6k NOK 695.5k NOK
+2.0%
Total assets
3.34m NOK 2.60m NOK
-22.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.02m NOK → 10.48m NOK (equity ratio 30.6% → 402.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 681.6k NOK → 695.5k NOK (+2.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.12m NOK → 3.91m NOK (41% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.07m NOK to 8.83m NOK (-12.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +384.6k NOK → -458.7k NOK (op. margin 3.8% → -5.2%). Calculated

  • ↓

    Net result weakened

    Net result +10.23m NOK → +10 NOK (net margin 101.5% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.44m NOK → 2.20m NOK (-9.8% YoY). Calculated