AB TAKSERING OG EIENDOM AS: årsregnskap 2019 vs 2018
Grew 18% on revenue, stronger earnings, cash halved-plus
approved 2020-04-06; registry 2020-04-25; journal 2020 308414
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AB TAKSERING OG EIENDOM AS. Revenue 2.10m NOK → 2.48m NOK (+17.9%). Net result +603.8k NOK → +803.3k NOK. Equity 112.6k NOK → 316.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB TAKSERING OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.48m NOK (+17.9% YoY). Calculated
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Operating result improved
Operating result +785.8k NOK → +1.03m NOK (op. margin 37.4% → 41.6%). Calculated
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Net result improved
Net result +603.8k NOK → +803.3k NOK (net margin 28.7% → 32.4%). Calculated
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Equity strengthened
Book equity 112.6k NOK → 316.0k NOK (equity ratio 131.0% → 23.4%). Calculated
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Current ratio back above 1×
Current ratio 0.09× → 41.06×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 893.9k NOK → 75.4k NOK (-91.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 752.1k NOK → 846.2k NOK (36% → 34% of revenue). Calculated
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COGS moved
COGS / varekostnad 63.1k NOK → 89.4k NOK (+41.7% YoY). Calculated