A.TJELTA MASKIN AS: årsregnskap 2019 vs 2018
Grew 51292% on revenue, returned to profit
approved 2020-05-20; registry 2020-08-26; journal 2020 701835
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.TJELTA MASKIN AS. Revenue 1 133 NOK → 582.3k NOK (+51291.6%). Net result -91.8k NOK → +6 201 NOK. Equity -364.2k NOK → -358.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A.TJELTA MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 133 NOK to 582.3k NOK (+51291.6% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 91.8k NOK to a profit of 6 201 NOK. Calculated
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↑
Equity strengthened
Book equity -364.2k NOK → -358.0k NOK (equity ratio -317.0% → -122.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 43.3k NOK (0% → 7% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 486.4k NOK → 65.9k NOK (-86.5% YoY). Calculated