FirmaIQ
Org.nr 984 587 651 2018 → 2019 Year-over-year analysis

A9 TEKNISKE NORGE AS: årsregnskap 2019 vs 2018

Shrank 97% on revenue, slipped into loss

approved 2020-03-23; registry 2020-03-26; journal 2020 259616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A9 TEKNISKE NORGE AS. Revenue 5.74m NOK → 144.2k NOK (-97.5%). Net result +203.8k NOK → -138.5k NOK. Equity 1.32m NOK → 1.18m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A9 TEKNISKE NORGE AS.

At a glance

Scorecard

Revenue
5.74m NOK 144.2k NOK
-97.5%
Operating result
+229.6k NOK -78.5k NOK
-134.2%
Net result
+203.8k NOK -138.5k NOK
-167.9%
Equity
1.32m NOK 1.18m NOK
-10.5%
Cash
263.3k NOK 873.7k NOK
+231.8%
Total assets
2.63m NOK 2.90m NOK
+10.1%

What improved

  • ↑

    Cash rose

    Bank deposits 263.3k NOK → 873.7k NOK (+231.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.74m NOK to 144.2k NOK (-97.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +229.6k NOK → -78.5k NOK (op. margin 4.0% → -54.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 203.8k NOK profit to a loss of 138.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.32m NOK → 1.18m NOK (equity ratio 50.1% → 40.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.20m NOK → 2.26m NOK (38% → 1569% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.69m NOK → 1.90m NOK (-29.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 119.0k NOK → 87.0k NOK. Reported fact