AB ENERGIFORVALTNING AS: årsregnskap 2019 vs 2018
Shrank 79% on revenue, slipped into loss, cash halved-plus
approved 2020-05-29; registry 2020-06-20; journal 2020 483544
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AB ENERGIFORVALTNING AS. Revenue 1.22m NOK → 261.3k NOK (-78.6%). Net result +76.5k NOK → -32.7k NOK. Equity 80.3k NOK → 47.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 5.11m NOK → 211.9k NOK (419% → 81% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.22m NOK to 261.3k NOK (-78.6% YoY). Calculated
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↓
Operating result weakened
Operating result +76.4k NOK → -32.6k NOK (op. margin 6.3% → -12.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 76.5k NOK profit to a loss of 32.7k NOK. Calculated
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↓
Equity eroded
Book equity 80.3k NOK → 47.6k NOK (equity ratio 48.9% → 48.9%). Calculated
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↓
Cash fell
Bank deposits 150.2k NOK → 12.3k NOK (-91.8% YoY). Calculated