A1 VASK OG VEDLIKEHOLD AS: årsregnskap 2019 vs 2018
Grew 111% on revenue, slipped into loss
approved 2020-06-24; registry 2020-07-11; journal 2020 576637
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A1 VASK OG VEDLIKEHOLD AS. Revenue 216.5k NOK → 457.6k NOK (+111.3%). Net result +33.3k NOK → -19.0k NOK. Equity 57.6k NOK → 38.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A1 VASK OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 216.5k NOK to 457.6k NOK (+111.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +35.1k NOK → -19.0k NOK (op. margin 16.2% → -4.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 33.3k NOK profit to a loss of 19.0k NOK. Calculated
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↓
Equity eroded
Book equity 57.6k NOK → 38.6k NOK (equity ratio 60.9% → 49.2%). Calculated
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↓
Cash fell
Bank deposits 89.5k NOK → 73.4k NOK (-18.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 109.3k NOK → 165.2k NOK (50% → 36% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 45.1k NOK → 278.1k NOK (+516.6% YoY). Calculated