A-TECH AS: årsregnskap 2019 vs 2018
Grew 260809% on revenue, stronger earnings
approved 2020-02-12; registry 2020-02-15; journal 2020 209649
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-TECH AS. Revenue 2 572 NOK → 6.71m NOK (+260809.5%). Net result +257.0k NOK → +644.0k NOK. Equity 5.25m NOK → 895.3k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-TECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 572 NOK to 6.71m NOK (+260809.5% YoY). Calculated
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↑
Net result improved
Net result +257.0k NOK → +644.0k NOK (net margin 9992.7% → 9.6%). Calculated
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↑
Cash rose
Bank deposits 638.7k NOK → 814.6k NOK (+27.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.25m NOK → 895.3k NOK (equity ratio 608491.5% → 361.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 786.2k NOK → 652.3k NOK (-17.0% YoY). Calculated