Org.nr 970 985 832 2018 → 2019 Year-over-year analysis

AB LIFTUTLEIE AS: årsregnskap 2019 vs 2018

Shrank 34% on revenue

approved 2020-08-26; registry 2020-10-12; journal 2020 923372

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AB LIFTUTLEIE AS. Revenue 4.40m NOK → 2.90m NOK (-34.1%). Equity 3.64m NOK → 2.98m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

4.40m NOK 2.90m NOK

-34.1%

Operating result

n/m -783.9k NOK

—

Net result

n/m -654.3k NOK

—

Equity

3.64m NOK 2.98m NOK

-18.0%

Cash

156.3k NOK 799.7k NOK

+411.6%

Total assets

4.80m NOK 4.00m NOK

-16.8%

↑
Cash rose

Bank deposits 156.3k NOK → 799.7k NOK (+411.6% YoY). Calculated
↑
Payroll decreased

Salary cost 1.45m NOK → 1.25m NOK (33% → 43% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.40m NOK to 2.90m NOK (-34.1% YoY). Calculated
↓
Equity eroded

Book equity 3.64m NOK → 2.98m NOK (equity ratio 75.7% → 74.7%). Calculated

·
COGS fell

COGS / varekostnad 129.3k NOK → -18.8k NOK (-114.5% YoY). Calculated