Org.nr 916 155 808 2018 → 2019 Year-over-year analysis

A/S Spilka Industri: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2020-05-18; registry 2020-07-08; journal 2020 545708

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Spilka Industri. Revenue 105.36m NOK → 106.39m NOK (+1.0%). Net result +8.04m NOK → -7.51m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S Spilka Industri.

At a glance

Revenue

105.36m NOK 106.39m NOK

+1.0%

Operating result

+11.19m NOK -8.98m NOK

-180.3%

Net result

+8.04m NOK -7.51m NOK

-193.4%

Equity

70.83m NOK n/m

—

Cash

10.38m NOK 4.41m NOK

-57.5%

Total assets

144.14m NOK 128.95m NOK

-10.5%

↑
Revenue rose

Operating income / revenue moved from 105.36m NOK to 106.39m NOK (+1.0% YoY). Calculated

↓
Operating result weakened

Operating result +11.19m NOK → -8.98m NOK (op. margin 10.6% → -8.4%). Calculated
↓
Fell into a net loss

Net result flipped from 8.04m NOK profit to a loss of 7.51m NOK. Calculated
↓
Cash fell

Bank deposits 10.38m NOK → 4.41m NOK (-57.5% YoY). Calculated

·
COGS moved

COGS / varekostnad 48.60m NOK → 53.32m NOK (+9.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 14.12m NOK → 15.12m NOK. Reported fact