ADAMSRØD TRANSPORT OG VEDLIKEHOLD AS: årsregnskap 2019 vs 2018
Grew 113163% on revenue, stronger earnings
approved 2019-12-31; registry 2020-08-04; journal 2020 647322
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAMSRØD TRANSPORT OG VEDLIKEHOLD AS. Revenue 4 171 NOK → 4.72m NOK (+113163.5%). Net result +252.8k NOK → +416.6k NOK. Equity 7.28m NOK → 699.3k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAMSRØD TRANSPORT OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 171 NOK to 4.72m NOK (+113163.5% YoY). Calculated
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↑
Net result improved
Net result +252.8k NOK → +416.6k NOK (net margin 6060.7% → 8.8%). Calculated
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↑
Cash rose
Bank deposits 1 061 NOK → 1.22m NOK (+114646.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 7.28m NOK → 699.3k NOK (equity ratio 683.0% → 48.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 416.8k NOK → 121.2k NOK (-70.9% YoY). Calculated