ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2019 vs 2018
Shrank 48% on revenue, slipped into loss
approved 2020-06-03; registry 2020-06-13; journal 2020 431144
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 720.1k NOK → 374.1k NOK (-48.1%). Net result +144.8k NOK → -10.4k NOK. Equity 330.7k NOK → 320.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 191.6k NOK → 3 222 NOK (27% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 720.1k NOK to 374.1k NOK (-48.1% YoY). Calculated
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↓
Operating result weakened
Operating result +155.6k NOK → -12.8k NOK (op. margin 21.6% → -3.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 144.8k NOK profit to a loss of 10.4k NOK. Calculated
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↓
Equity eroded
Book equity 330.7k NOK → 320.3k NOK (equity ratio 78.5% → 81.0%). Calculated
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↓
Cash fell
Bank deposits 263.4k NOK → 175.9k NOK (-33.2% YoY). Calculated