FirmaIQ
Org.nr 876 494 892 2018 → 2019 Year-over-year analysis

A. SPORT AS: årsregnskap 2019 vs 2018

Shrank 12% on revenue, weaker earnings, cash halved-plus

approved 2020-09-30; registry 2020-10-07; journal 2020 927186

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. SPORT AS. Revenue 4.68m NOK → 4.10m NOK (-12.4%). Net result -286.3k NOK → -463.5k NOK. Equity 1.05m NOK → 597.5k NOK.

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. SPORT AS.

At a glance

Scorecard

Revenue
4.68m NOK 4.10m NOK
-12.4%
Operating result
-346.5k NOK -593.5k NOK
-71.3%
Net result
-286.3k NOK -463.5k NOK
-61.9%
Equity
1.05m NOK 597.5k NOK
-43.3%
Cash
354.8k NOK 110.8k NOK
-68.8%
Total assets
1.86m NOK 1.71m NOK
-7.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.68m NOK to 4.10m NOK (-12.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -346.5k NOK → -593.5k NOK (op. margin -7.4% → -14.5%). Calculated

  • ↓

    Net result weakened

    Net result -286.3k NOK → -463.5k NOK (net margin -6.1% → -11.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.05m NOK → 597.5k NOK (equity ratio 56.8% → 34.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 354.8k NOK → 110.8k NOK (-68.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.46m NOK → 3.14m NOK (-9.4% YoY). Calculated