AD MALERARBEID AS: årsregnskap 2019 vs 2018
Grew 65% on revenue
approved 2020-04-15; registry 2020-04-20; journal 2020 299406
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AD MALERARBEID AS. Revenue 1.66m NOK → 2.73m NOK (+64.8%).
On the constructive side: revenue rose; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AD MALERARBEID AS.
At a glance
Scorecard
Revenue
1.66m NOK
2.73m NOK
+64.8%
Operating result
n/m
-206.1k NOK
—
Net result
n/m
-242.1k NOK
—
Equity
15 NOK
n/m
—
Cash
165.6k NOK
396.8k NOK
+139.6%
Total assets
562.0k NOK
185.6k NOK
-67.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.66m NOK to 2.73m NOK (+64.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 165.6k NOK → 396.8k NOK (+139.6% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 175.7k NOK → 229.3k NOK (+30.4% YoY). Calculated