FirmaIQ
Org.nr 966 553 596 2018 → 2019 Year-over-year analysis

AB SYSTEMER AS: årsregnskap 2019 vs 2018

Grew 13% on revenue

approved 2020-08-17; registry 2020-08-27; journal 2020 705131

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AB SYSTEMER AS. Revenue 19.08m NOK → 21.61m NOK (+13.3%). Net result +1.48m NOK → +1.61m NOK. Equity 1.73m NOK → 2.54m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB SYSTEMER AS.

At a glance

Scorecard

Revenue
19.08m NOK 21.61m NOK
+13.3%
Operating result
n/m +2.06m NOK
—
Net result
+1.48m NOK +1.61m NOK
+8.8%
Equity
1.73m NOK 2.54m NOK
+46.5%
Cash
1.98m NOK 4.70m NOK
+137.5%
Total assets
4.91m NOK 7.76m NOK
+57.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.08m NOK to 21.61m NOK (+13.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.48m NOK → +1.61m NOK (net margin 7.7% → 7.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.73m NOK → 2.54m NOK (equity ratio 35.2% → 32.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.98m NOK → 4.70m NOK (+137.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.82m NOK → 2.03m NOK (10% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.25m NOK → 16.10m NOK (+13.0% YoY). Calculated