AD UND AS: årsregnskap 2019 vs 2018
Grew 332% on revenue, weaker earnings
approved 2020-05-26; registry 2020-05-28; journal 2020 404563
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AD UND AS. Revenue 269.8k NOK → 1.17m NOK (+332.2%). Net result +422.0k NOK → +220.7k NOK. Equity 14.56m NOK → 13.78m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AD UND AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 269.8k NOK to 1.17m NOK (+332.2% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +422.0k NOK → +220.7k NOK (net margin 156.4% → 18.9%). Calculated
-
↓
Equity eroded
Book equity 14.56m NOK → 13.78m NOK (equity ratio 1637.7% → 1419.9%). Calculated
-
↓
Cash fell
Bank deposits 295.6k NOK → 191.1k NOK (-35.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4 NOK → 5760.84bn NOK (0% → 494059112% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 0 NOK → 13.1k NOK (None YoY). Calculated