A TIL Å PROFILERING AS: årsregnskap 2019 vs 2018
Grew 7% on revenue, slipped into loss, cash halved-plus
approved 2020-08-10; registry 2020-09-12; journal 2020 818618
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A TIL Å PROFILERING AS. Revenue 197.6k NOK → 211.4k NOK (+7.0%). Net result +47.3k NOK → -11.6k NOK. Equity -15.9k NOK → -26.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A TIL Å PROFILERING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 197.6k NOK to 211.4k NOK (+7.0% YoY). Calculated
-
↑
Operating result improved
Operating result -47.3k NOK → -10.9k NOK (op. margin -24.0% → -5.1%). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 47.3k NOK profit to a loss of 11.6k NOK. Calculated
-
↓
Equity eroded
Book equity -15.9k NOK → -26.9k NOK (equity ratio -6.2% → -14.0%). Calculated
-
↓
Cash fell
Bank deposits 51.4k NOK → 22.1k NOK (-56.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -14.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 129.6k NOK → 134.7k NOK (+3.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 20.3k NOK → 39.1k NOK. Reported fact