A. WAAG & CO. AS: årsregnskap 2019 vs 2018
Grew 9% on revenue
approved 2020-03-18; registry 2020-03-23; journal 2020 251947
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. WAAG & CO. AS. Revenue 6.17m NOK → 6.74m NOK (+9.1%). Net result +828.7k NOK → +908.8k NOK. Equity 510.5k NOK → 569.3k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A. WAAG & CO. AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.17m NOK to 6.74m NOK (+9.1% YoY). Calculated
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Net result improved
Net result +828.7k NOK → +908.8k NOK (net margin 13.4% → 13.5%). Calculated
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Equity strengthened
Book equity 510.5k NOK → 569.3k NOK (equity ratio 16.5% → 17.8%). Calculated
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Cash rose
Bank deposits 402.9k NOK → 1.72m NOK (+327.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.20× → 1.04×. Calculated
Things to notice
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Payroll increased
Salary cost 3.26m NOK → 3.67m NOK (53% → 54% of revenue). Calculated
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COGS moved
COGS / varekostnad 82.6k NOK → 1.13m NOK (+1272.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 93.3k NOK → 53.3k NOK. Reported fact