FirmaIQ
Org.nr 927 479 915 2018 → 2019 Year-over-year analysis

A-VARER AS: årsregnskap 2019 vs 2018

Grew 761% on revenue, stronger earnings

approved 2020-08-23; registry 2020-08-29; journal 2020 712615

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A-VARER AS. Revenue 188.3k NOK → 1.62m NOK (+761.5%). Net result +20.3k NOK → +59.6k NOK. Equity 325.3k NOK → 385.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-VARER AS.

At a glance

Scorecard

Revenue
188.3k NOK 1.62m NOK
+761.5%
Operating result
+16.4k NOK +58.6k NOK
+256.7%
Net result
+20.3k NOK +59.6k NOK
+194.3%
Equity
325.3k NOK 385.0k NOK
+18.3%
Cash
203.6k NOK 275.0k NOK
+35.1%
Total assets
783.9k NOK 866.5k NOK
+10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 188.3k NOK to 1.62m NOK (+761.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.4k NOK → +58.6k NOK (op. margin 8.7% → 3.6%). Calculated

  • ↑

    Net result improved

    Net result +20.3k NOK → +59.6k NOK (net margin 10.8% → 3.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 325.3k NOK → 385.0k NOK (equity ratio 41.5% → 44.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 203.6k NOK → 275.0k NOK (+35.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 777.3k NOK → 108.2k NOK (-86.1% YoY). Calculated