FirmaIQ
Org.nr 965 800 689 2018 → 2019 Year-over-year analysis

ADAM & EVA FRISØR AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-08-28; registry 2020-09-08; journal 2020 770602

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAM & EVA FRISØR AS. Revenue 4.69m NOK → 4.67m NOK (-0.5%). Net result +400.7k NOK → +144.4k NOK. Equity 253.8k NOK → 254.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.

At a glance

Scorecard

Revenue
4.69m NOK 4.67m NOK
-0.5%
Operating result
+528.8k NOK +187.8k NOK
-64.5%
Net result
+400.7k NOK +144.4k NOK
-64.0%
Equity
253.8k NOK 254.2k NOK
+0.2%
Cash
1.37m NOK 1.43m NOK
+4.4%
Total assets
1.60m NOK 1.66m NOK
+4.2%

What improved

  • ↑

    Cash rose

    Bank deposits 1.37m NOK → 1.43m NOK (+4.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.69m NOK to 4.67m NOK (-0.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +528.8k NOK → +187.8k NOK (op. margin 11.3% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +400.7k NOK → +144.4k NOK (net margin 8.5% → 3.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.09m NOK → 3.46m NOK (66% → 74% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 625.4k NOK → 549.6k NOK (-12.1% YoY). Calculated