FirmaIQ
Org.nr 991 831 495 2018 → 2019 Year-over-year analysis

A W KARLSEN AS: årsregnskap 2019 vs 2018

Shrank 17% on revenue, slipped into loss

approved 2020-02-20; registry 2020-02-26; journal 2020 218466

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A W KARLSEN AS. Revenue 6.39m NOK → 5.33m NOK (-16.6%). Net result +462.3k NOK → -28.9k NOK. Equity 1.26m NOK → 1.23m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
6.39m NOK 5.33m NOK
-16.6%
Operating result
+234.2k NOK -24.1k NOK
-110.3%
Net result
+462.3k NOK -28.9k NOK
-106.2%
Equity
1.26m NOK 1.23m NOK
-2.3%
Cash
919.5k NOK 963.0k NOK
+4.7%
Total assets
2.17m NOK 2.20m NOK
+1.3%

What improved

  • ↑

    Cash rose

    Bank deposits 919.5k NOK → 963.0k NOK (+4.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.91m NOK → 2.63m NOK (45% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.39m NOK to 5.33m NOK (-16.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +234.2k NOK → -24.1k NOK (op. margin 3.7% → -0.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 462.3k NOK profit to a loss of 28.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.26m NOK → 1.23m NOK (equity ratio 58.0% → 56.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.47m NOK → 1.98m NOK (-19.7% YoY). Calculated