Org.nr 919 993 626 2018 → 2019 Year-over-year analysis

A SVELA MASKIN AS: årsregnskap 2019 vs 2018

Grew 10% on revenue, cash halved-plus, fresh owner capital

approved 2020-05-27; registry 2020-06-11; journal 2020 417204

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A SVELA MASKIN AS. Revenue 7.04m NOK → 7.71m NOK (+9.6%). Equity 848.8k NOK → 740.5k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A SVELA MASKIN AS.

At a glance

Revenue

7.04m NOK 7.71m NOK

+9.6%

Operating result

n/m -135.3k NOK

—

Net result

n/m -108.3k NOK

—

Equity

848.8k NOK 740.5k NOK

-12.8%

Cash

198.3k NOK 49.7k NOK

-74.9%

Total assets

1.57m NOK 1.57m NOK

-0.1%

↑
Revenue rose

Operating income / revenue moved from 7.04m NOK to 7.71m NOK (+9.6% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 20.8k NOK → 30.0k NOK (+9 228 NOK). Reported fact

↓
Equity eroded

Book equity 848.8k NOK → 740.5k NOK (equity ratio 54.1% → 47.3%). Calculated
↓
Cash fell

Bank deposits 198.3k NOK → 49.7k NOK (-74.9% YoY). Calculated

·
Payroll increased

Salary cost 1 002 NOK → 1.58m NOK (0% → 21% of revenue). Calculated
·
COGS moved

COGS / varekostnad 2 774 NOK → 3.32m NOK (+119490.0% YoY). Calculated