A2INSIGHT AS: årsregnskap 2019 vs 2018
Grew 146% on revenue, weaker earnings, cash halved-plus
approved 2020-08-31; registry 2020-09-14; journal 2020 808898
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A2INSIGHT AS. Revenue 961.3k NOK → 2.36m NOK (+145.7%). Net result +7.26m NOK → +576.3k NOK. Equity 7.23m NOK → 306.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A2INSIGHT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 961.3k NOK to 2.36m NOK (+145.7% YoY). Calculated
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↑
Operating result improved
Operating result +336.3k NOK → +754.0k NOK (op. margin 35.0% → 31.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +7.26m NOK → +576.3k NOK (net margin 755.0% → 24.4%). Calculated
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↓
Equity eroded
Book equity 7.23m NOK → 306.3k NOK (equity ratio 1178.6% → 46.4%). Calculated
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↓
Cash fell
Bank deposits 518.1k NOK → 52.6k NOK (-89.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 112.6k NOK → 1.23m NOK (12% → 52% of revenue). Calculated