ABC-COMPANY E-SKUVLA AS: årsregnskap 2019 vs 2018
Shrank 12% on revenue, weaker earnings
approved 2020-09-30; registry 2020-10-15; journal 2020 943760
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC-COMPANY E-SKUVLA AS. Revenue 5.86m NOK → 5.17m NOK (-11.9%). Net result +191.4k NOK → +120.3k NOK. Equity 1.48m NOK → 1.60m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.48m NOK → 1.60m NOK (equity ratio 35.0% → 38.2%). Calculated
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↑
Cash rose
Bank deposits 17.4k NOK → 161.0k NOK (+827.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.45m NOK → 2.12m NOK (42% → 41% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.86m NOK to 5.17m NOK (-11.9% YoY). Calculated
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↓
Operating result weakened
Operating result +369.4k NOK → +298.9k NOK (op. margin 6.3% → 5.8%). Calculated
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↓
Net result weakened
Net result +191.4k NOK → +120.3k NOK (net margin 3.3% → 2.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.43m NOK → 2 500 NOK. Reported fact