ACROSS BORDERS & CO AS: årsregnskap 2019 vs 2018
Grew 11% on revenue, returned to profit
approved 2020-06-23; registry 2020-06-30; journal 2020 513409
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACROSS BORDERS & CO AS. Revenue 358.4k NOK → 396.5k NOK (+10.6%). Net result -11.8k NOK → +17.0k NOK. Equity 55.4k NOK → 72.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACROSS BORDERS & CO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 358.4k NOK to 396.5k NOK (+10.6% YoY). Calculated
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Operating result improved
Operating result -8 217 NOK → +17.7k NOK (op. margin -2.3% → 4.5%). Calculated
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Turned profitable
Net result flipped from a loss of 11.8k NOK to a profit of 17.0k NOK. Calculated
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Equity strengthened
Book equity 55.4k NOK → 72.5k NOK (equity ratio 100.0% → 100.0%). Calculated
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Cash rose
Bank deposits 34.1k NOK → 56.9k NOK (+66.9% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 286.6k NOK → 193.2k NOK (-32.6% YoY). Calculated