A TIL Å SERVICE AS: årsregnskap 2019 vs 2018
Shrank 30% on revenue, weaker earnings
approved 2020-03-31; registry 2020-08-05; journal 2020 650660
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A TIL Å SERVICE AS. Revenue 11.30m NOK → 7.90m NOK (-30.2%). Net result +1.65m NOK → +1 351 NOK. Equity 9.32m NOK → 11.13m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A TIL Å SERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 9.32m NOK → 11.13m NOK (equity ratio 69.4% → 81.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.30m NOK to 7.90m NOK (-30.2% YoY). Calculated
-
↓
Net result weakened
Net result +1.65m NOK → +1 351 NOK (net margin 14.6% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 2.65m NOK → 2.45m NOK (-7.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.89m NOK → 3.50m NOK (-40.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 595.1k NOK → 695.1k NOK. Reported fact