FirmaIQ
Org.nr 989 078 917 2018 → 2019 Year-over-year analysis

AD ASTRA AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-07-16; registry 2020-08-04; journal 2020 641266

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AD ASTRA AS. Revenue 1.20bn NOK → 1.21bn NOK (+0.5%). Net result +4.92m NOK → +1.70m NOK. Equity 29.91m NOK → 31.61m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AD ASTRA AS.

At a glance

Scorecard

Revenue
1.20bn NOK 1.21bn NOK
+0.5%
Operating result
-75.8k NOK -86.4k NOK
-14.0%
Net result
+4.92m NOK +1.70m NOK
-65.4%
Equity
29.91m NOK 31.61m NOK
+5.7%
Cash
9.07m NOK 6.67m NOK
-26.5%
Total assets
29.92m NOK 31.64m NOK
+5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.20bn NOK to 1.21bn NOK (+0.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 29.91m NOK → 31.61m NOK (equity ratio 100.0% → 99.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -75.8k NOK → -86.4k NOK (op. margin -0.0% → -0.0%). Calculated

  • ↓

    Net result weakened

    Net result +4.92m NOK → +1.70m NOK (net margin 0.4% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.07m NOK → 6.67m NOK (-26.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 18.50m NOK → 19.92m NOK (2% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 160.32m NOK → 164.78m NOK (+2.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.71m NOK → 18.11m NOK. Reported fact