ACB AUTO-MEDIA AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-06-28; registry 2020-07-06; journal 2020 544159
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACB AUTO-MEDIA AS. Revenue 1.91m NOK → 1.91m NOK (+0.2%). Net result +81.2k NOK → +26.7k NOK. Equity 277.0k NOK → 303.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACB AUTO-MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.91m NOK to 1.91m NOK (+0.2% YoY). Calculated
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↑
Equity strengthened
Book equity 277.0k NOK → 303.7k NOK (equity ratio 66.0% → 57.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +108.3k NOK → +42.7k NOK (op. margin 5.7% → 2.2%). Calculated
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↓
Net result weakened
Net result +81.2k NOK → +26.7k NOK (net margin 4.3% → 1.4%). Calculated
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↓
Cash fell
Bank deposits 105.4k NOK → 77.3k NOK (-26.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 143.5k NOK → 209.3k NOK (8% → 11% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.44m NOK → 1.41m NOK (-2.0% YoY). Calculated