FirmaIQ
Org.nr 999 211 852 2018 → 2019 Year-over-year analysis

A-T-O AS: årsregnskap 2019 vs 2018

Shrank 7% on revenue, slipped into loss, cash halved-plus

approved 2020-08-17; registry 2020-09-21; journal 2020 841078

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A-T-O AS. Revenue 543.1k NOK → 505.3k NOK (-6.9%). Net result +28.7k NOK → -47.7k NOK. Equity -4 961 NOK → -52.7k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-T-O AS.

At a glance

Scorecard

Revenue
543.1k NOK 505.3k NOK
-6.9%
Operating result
n/m -47.8k NOK
—
Net result
+28.7k NOK -47.7k NOK
-266.3%
Equity
-4 961 NOK -52.7k NOK
-962.4%
Cash
166.1k NOK 48.2k NOK
-71.0%
Total assets
456.5k NOK 408.1k NOK
-10.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 543.1k NOK to 505.3k NOK (-6.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 28.7k NOK profit to a loss of 47.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -4 961 NOK → -52.7k NOK (equity ratio -1.1% → -12.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.1k NOK → 48.2k NOK (-71.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5 010 NOK → 51.5k NOK (1% → 10% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation