A T KEARNEY AS: årsregnskap 2019 vs 2018
Grew 8% on revenue, cash halved-plus
approved 2020-11-11; registry 2020-11-23; journal 2020 970830
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A T KEARNEY AS. Revenue 39.78m NOK → 42.82m NOK (+7.6%). Net result -833.4k NOK → -894.5k NOK. Equity 39.51m NOK → 40.42m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A T KEARNEY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 39.78m NOK to 42.82m NOK (+7.6% YoY). Calculated
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↑
Equity strengthened
Book equity 39.51m NOK → 40.42m NOK (equity ratio 32.8% → 38.0%). Calculated
What deteriorated
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↓
Net result weakened
Net result -833.4k NOK → -894.5k NOK (net margin -2.1% → -2.1%). Calculated
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↓
Cash fell
Bank deposits 3.24m NOK → 721.3k NOK (-77.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.24m NOK → 721.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 31.99m NOK → 34.90m NOK (80% → 82% of revenue). Calculated