A2B DESIGN PARTNER AS: årsregnskap 2019 vs 2018
Grew 12703% on revenue, weaker earnings
approved 2020-03-23; registry 2020-03-28; journal 2020 263231
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A2B DESIGN PARTNER AS. Revenue 1 181 NOK → 151.2k NOK (+12702.8%). Net result +53.0k NOK → +18.7k NOK. Equity 403.7k NOK → 422.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A2B DESIGN PARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 181 NOK to 151.2k NOK (+12702.8% YoY). Calculated
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↑
Equity strengthened
Book equity 403.7k NOK → 422.4k NOK (equity ratio 62.9% → 72.3%). Calculated
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↑
Cash rose
Bank deposits 129.6k NOK → 417.4k NOK (+222.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.80m NOK → 800.2k NOK (237090% → 529% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +55.7k NOK → +27.8k NOK (op. margin 4719.6% → 18.4%). Calculated
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↓
Net result weakened
Net result +53.0k NOK → +18.7k NOK (net margin 4483.6% → 12.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 6 750 NOK → 17.0k NOK (+151.3% YoY). Calculated