ACTIVE TRANSPORT SERVICE AS: årsregnskap 2019 vs 2018
Grew 26% on revenue, stronger earnings, cash halved-plus
approved 2020-06-30; registry 2020-07-20; journal 2020 589567
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIVE TRANSPORT SERVICE AS. Revenue 14.44m NOK → 18.16m NOK (+25.7%). Net result +23.9k NOK → +146.1k NOK. Equity 550.2k NOK → 696.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE TRANSPORT SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.44m NOK to 18.16m NOK (+25.7% YoY). Calculated
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Operating result improved
Operating result +80.5k NOK → +225.5k NOK (op. margin 0.6% → 1.2%). Calculated
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Net result improved
Net result +23.9k NOK → +146.1k NOK (net margin 0.2% → 0.8%). Calculated
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Equity strengthened
Book equity 550.2k NOK → 696.3k NOK (equity ratio 10.3% → 12.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 708.6k NOK → 82.7k NOK (-88.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.18m NOK → 6.71m NOK (36% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.50m NOK → 5.54m NOK (+0.7% YoY). Calculated