ACCOUNTING 4 YOU AS: årsregnskap 2019 vs 2018
Grew 1783% on revenue
approved 2020-01-05; registry 2020-01-20; journal 2020 201872
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCOUNTING 4 YOU AS. Revenue 363.1k NOK → 6.84m NOK (+1783.3%). Net result +500.8k NOK → +588.0k NOK. Equity 1.31m NOK → 1.60m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCOUNTING 4 YOU AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 363.1k NOK to 6.84m NOK (+1783.3% YoY). Calculated
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↑
Operating result improved
Operating result +644.7k NOK → +741.7k NOK (op. margin 177.6% → 10.8%). Calculated
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↑
Net result improved
Net result +500.8k NOK → +588.0k NOK (net margin 137.9% → 8.6%). Calculated
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↑
Equity strengthened
Book equity 1.31m NOK → 1.60m NOK (equity ratio 52.4% → 51.3%). Calculated
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Cash rose
Bank deposits 1.71m NOK → 2.00m NOK (+16.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.77m NOK → 4.75m NOK (1037% → 69% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 94.6k NOK → 30.0k NOK (-68.3% YoY). Calculated