FirmaIQ
Org.nr 996 494 225 2018 → 2019 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue, stronger earnings

approved 2020-07-02; registry 2020-07-14; journal 2020 570353

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AD PROSJEKT BYGG AS. Revenue 42.73m NOK → 38.00m NOK (-11.1%). Net result +1 158 NOK → +1.42m NOK. Equity 2.26m NOK → 3.68m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
42.73m NOK 38.00m NOK
-11.1%
Operating result
+1 497 NOK +1.86m NOK
+124010.1%
Net result
+1 158 NOK +1.42m NOK
+122704.1%
Equity
2.26m NOK 3.68m NOK
+62.9%
Cash
377.9k NOK 1.89m NOK
+400.0%
Total assets
6.95m NOK 8.23m NOK
+18.4%

What improved

  • ↑

    Operating result improved

    Operating result +1 497 NOK → +1.86m NOK (op. margin 0.0% → 4.9%). Calculated

  • ↑

    Net result improved

    Net result +1 158 NOK → +1.42m NOK (net margin 0.0% → 3.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.26m NOK → 3.68m NOK (equity ratio 32.5% → 44.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 377.9k NOK → 1.89m NOK (+400.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 42.73m NOK to 38.00m NOK (-11.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.70m NOK → 2.77m NOK (4% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 38.47m NOK → 32.30m NOK (-16.0% YoY). Calculated