ACCESS LÅSSPESIALISTEN AS: årsregnskap 2019 vs 2018
Grew 7% on revenue, stronger earnings
approved 2020-04-19; registry 2020-06-22; journal 2020 469339
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCESS LÅSSPESIALISTEN AS. Revenue 18.33m NOK → 19.56m NOK (+6.7%). Net result +126.3k NOK → +268.5k NOK. Equity 559.1k NOK → 827.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCESS LÅSSPESIALISTEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.33m NOK to 19.56m NOK (+6.7% YoY). Calculated
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Operating result improved
Operating result +179.5k NOK → +321.2k NOK (op. margin 1.0% → 1.6%). Calculated
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Net result improved
Net result +126.3k NOK → +268.5k NOK (net margin 0.7% → 1.4%). Calculated
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Equity strengthened
Book equity 559.1k NOK → 827.6k NOK (equity ratio 13.0% → 15.1%). Calculated
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Cash rose
Bank deposits 573.0k NOK → 1.80m NOK (+214.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 6.73m NOK → 6.87m NOK (37% → 35% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.29m NOK → 7.81m NOK (+7.1% YoY). Calculated