Org.nr 996 557 677 2018 → 2019 Year-over-year analysis

AD-FRAKT AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue

approved 2019-12-31; registry 2020-07-20; journal 2020 608883

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AD-FRAKT AS. Revenue 5.38m NOK → 4.70m NOK (-12.7%). Equity 2.79m NOK → 2.99m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD-FRAKT AS.

At a glance

Revenue

5.38m NOK 4.70m NOK

-12.7%

Operating result

n/m +289.3k NOK

—

Net result

n/m +203.2k NOK

—

Equity

2.79m NOK 2.99m NOK

+7.3%

Cash

n/m 1.56m NOK

—

Total assets

4.08m NOK 3.72m NOK

-8.7%

↑
Equity strengthened

Book equity 2.79m NOK → 2.99m NOK (equity ratio 68.3% → 80.3%). Calculated
↑
Payroll decreased

Salary cost 758.1k NOK → 748.8k NOK (14% → 16% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.38m NOK to 4.70m NOK (-12.7% YoY). Calculated