ACCOUNTIT HYLLE14 AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-06-23; registry 2020-06-29; journal 2020 509609
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCOUNTIT HYLLE14 AS. Revenue 787.7k NOK → 820.9k NOK (+4.2%). Net result +461.2k NOK → +23.3k NOK. Equity 275.1k NOK → 298.4k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE14 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 787.7k NOK to 820.9k NOK (+4.2% YoY). Calculated
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↑
Equity strengthened
Book equity 275.1k NOK → 298.4k NOK (equity ratio 84.9% → 114.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +538.8k NOK → +32.5k NOK (op. margin 68.4% → 4.0%). Calculated
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↓
Net result weakened
Net result +461.2k NOK → +23.3k NOK (net margin 58.6% → 2.8%). Calculated
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↓
Cash fell
Bank deposits 177.2k NOK → 125.6k NOK (-29.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7 351 NOK → 2.49m NOK (1% → 303% of revenue). Calculated