A35 HOLDING AS: årsregnskap 2019 vs 2018
Grew 219% on revenue
approved 2020-06-09; registry 2020-06-18; journal 2020 453800
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A35 HOLDING AS. Revenue 455.0k NOK → 1.45m NOK (+219.1%). Equity 993.3k NOK → 214.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for A35 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 455.0k NOK to 1.45m NOK (+219.1% YoY). Calculated
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↑
Cash rose
Bank deposits 199.5k NOK → 228.3k NOK (+14.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 993.3k NOK → 214.6k NOK (equity ratio 38.5% → 9.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 480.2k NOK → 988.0k NOK (106% → 68% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 12.0k NOK → 7.16m NOK. Reported fact