Org.nr 987 328 762 2018 → 2019 Year-over-year analysis

AB ARKITEKTER AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, cash halved-plus

approved 2020-09-28; registry 2020-10-08; journal 2020 934492

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AB ARKITEKTER AS. Revenue 1.56m NOK → 1.40m NOK (-10.3%). Equity 9.13m NOK → 108.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB ARKITEKTER AS.

At a glance

Revenue

1.56m NOK 1.40m NOK

-10.3%

Operating result

+65.4k NOK -28.9k NOK

-144.1%

Net result

n/m -22.5k NOK

—

Equity

9.13m NOK 108.1k NOK

-98.8%

Cash

150.1k NOK 67.8k NOK

-54.8%

Total assets

418.6k NOK 346.0k NOK

-17.3%

↑
Payroll decreased

Salary cost 3.12m NOK → 3 NOK (200% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.56m NOK to 1.40m NOK (-10.3% YoY). Calculated
↓
Operating result weakened

Operating result +65.4k NOK → -28.9k NOK (op. margin 4.2% → -2.1%). Calculated
↓
Equity eroded

Book equity 9.13m NOK → 108.1k NOK (equity ratio 2181.4% → 31.3%). Calculated
↓
Cash fell

Bank deposits 150.1k NOK → 67.8k NOK (-54.8% YoY). Calculated