Org.nr 982 428 645 2018 → 2019 Year-over-year analysis

AB SNEKKERN AS: årsregnskap 2019 vs 2018

Grew 63% on revenue

approved 2020-08-31; registry 2020-10-07; journal 2020 925918

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AB SNEKKERN AS. Revenue 1.91m NOK → 3.11m NOK (+63.3%). Equity 261.1k NOK → 603.0k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.

Scorecard

Revenue
1.91m NOK 3.11m NOK
+63.3%
Operating result
n/m +394.8k NOK
—
Net result
n/m +342.0k NOK
—
Equity
261.1k NOK 603.0k NOK
+131.0%
Cash
540.2k NOK 890.4k NOK
+64.8%
Total assets
666.4k NOK 1 138 NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.91m NOK to 3.11m NOK (+63.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 261.1k NOK → 603.0k NOK (equity ratio 39.2% → 52989.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 540.2k NOK → 890.4k NOK (+64.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2456.57× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 623.9k NOK → 940.7k NOK (+50.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 17.4k NOK → 7 110 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact