A VÅGE AS: årsregnskap 2019 vs 2018
Grew 21% on revenue, weaker earnings
approved 2020-08-31; registry 2020-10-29; journal 2020 963561
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A VÅGE AS. Revenue 62.48m NOK → 75.84m NOK (+21.4%). Net result +3.25m NOK → +52.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A VÅGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 62.48m NOK to 75.84m NOK (+21.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +3.98m NOK → +215.5k NOK (op. margin 6.4% → 0.3%). Calculated
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↓
Net result weakened
Net result +3.25m NOK → +52.1k NOK (net margin 5.2% → 0.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 11.47m NOK → 11.63m NOK (18% → 15% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 38.88m NOK → 48.96m NOK (+25.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 923.6k NOK → 828.0k NOK. Reported fact