AB BYGGMONTERING AS: årsregnskap 2019 vs 2018
Shrank 15% on revenue, stronger earnings, cash halved-plus
approved 2020-05-27; registry 2020-06-09; journal 2020 404907
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AB BYGGMONTERING AS. Revenue 12.99m NOK → 11.01m NOK (-15.2%). Net result +233.8k NOK → +1.52m NOK. Equity 2.12m NOK → 2.64m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AB BYGGMONTERING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +255.7k NOK → +1.96m NOK (op. margin 2.0% → 17.8%). Calculated
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Net result improved
Net result +233.8k NOK → +1.52m NOK (net margin 1.8% → 13.8%). Calculated
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Equity strengthened
Book equity 2.12m NOK → 2.64m NOK (equity ratio 54.1% → 48.1%). Calculated
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Payroll decreased
Salary cost 7.58m NOK → 5.48m NOK (58% → 50% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.99m NOK to 11.01m NOK (-15.2% YoY). Calculated
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↓
Cash fell
Bank deposits 915.6k NOK → 441.7k NOK (-51.8% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 3.59m NOK → 1.89m NOK (-47.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 250.7k NOK → 252.7k NOK. Reported fact