ADAM OG EVA GLASMAGASINET AS: årsregnskap 2019 vs 2018
Grew 411134% on revenue, weaker earnings, cash halved-plus
approved 2020-05-26; registry 2020-06-09; journal 2020 403257
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAM OG EVA GLASMAGASINET AS. Revenue 1 362 NOK → 5.60m NOK (+411134.2%). Net result -117.1k NOK → -292.5k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM OG EVA GLASMAGASINET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 362 NOK to 5.60m NOK (+411134.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 2 600 NOK → 2.60m NOK (+2.60m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -117.1k NOK → -292.5k NOK (net margin -8597.2% → -5.2%). Calculated
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↓
Cash fell
Bank deposits 738.9k NOK → 24.0k NOK (-96.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 758 NOK → 3.09m NOK (202% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 72.0k NOK → 723.0k NOK (+904.1% YoY). Calculated