FirmaIQ
Org.nr 947 038 400 2018 → 2019 Year-over-year analysis

A/S SørMek: årsregnskap 2019 vs 2018

Grew 29% on revenue

approved 2020-05-13; registry 2020-05-30; journal 2020 377774

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S SørMek. Revenue 29.11m NOK → 37.44m NOK (+28.6%). Net result +2.13m NOK → +2.55m NOK. Equity 7.75m NOK → 8.30m NOK.

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

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

At a glance

Scorecard

Revenue
29.11m NOK 37.44m NOK
+28.6%
Operating result
+3.04m NOK +3.37m NOK
+10.8%
Net result
+2.13m NOK +2.55m NOK
+19.9%
Equity
7.75m NOK 8.30m NOK
+7.1%
Cash
2.94m NOK 4.01m NOK
+36.1%
Total assets
20.12m NOK 22.75m NOK
+13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.11m NOK to 37.44m NOK (+28.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.04m NOK → +3.37m NOK (op. margin 10.4% → 9.0%). Calculated

  • ↑

    Net result improved

    Net result +2.13m NOK → +2.55m NOK (net margin 7.3% → 6.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.75m NOK → 8.30m NOK (equity ratio 38.5% → 36.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.94m NOK → 4.01m NOK (+36.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.02m NOK → 121.5k NOK. Reported fact