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Org.nr 851 668 292 2018 → 2019 Year-over-year analysis

A SANDBERG AS: årsregnskap 2019 vs 2018

Shrank 9% on revenue, stronger earnings

approved 2020-09-04; registry 2020-09-12; journal 2020 801261

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A SANDBERG AS. Revenue 50.32m NOK → 45.90m NOK (-8.8%). Net result +1 099 NOK → +610.2k NOK. Equity 2.89m NOK → 3.50m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A SANDBERG AS.

At a glance

Scorecard

Revenue
50.32m NOK 45.90m NOK
-8.8%
Operating result
n/m +807.2k NOK
—
Net result
+1 099 NOK +610.2k NOK
+55424.3%
Equity
2.89m NOK 3.50m NOK
+21.1%
Cash
3.24m NOK 3.34m NOK
+3.1%
Total assets
5.87m NOK 5.87m NOK
-0.0%

What improved

  • ↑

    Net result improved

    Net result +1 099 NOK → +610.2k NOK (net margin 0.0% → 1.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.89m NOK → 3.50m NOK (equity ratio 49.2% → 59.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.24m NOK → 3.34m NOK (+3.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 50.32m NOK to 45.90m NOK (-8.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.39m NOK → 3.56m NOK (7% → 8% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 42.76m NOK → 38.14m NOK (-10.8% YoY). Calculated