Org.nr 916 925 506 2018 → 2019 Year-over-year analysis

ADD-ON AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-06-12; registry 2020-06-23; journal 2020 473158

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADD-ON AS. Revenue 11.31m NOK → 11.02m NOK (-2.5%). Equity 2.82m NOK → 3.04m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Revenue

11.31m NOK 11.02m NOK

-2.5%

Operating result

n/m +498.8k NOK

—

Net result

n/m +219.9k NOK

—

Equity

2.82m NOK 3.04m NOK

+7.8%

Cash

1.55m NOK 2.93m NOK

+88.9%

Total assets

6.24m NOK 7.11m NOK

+14.0%

↑
Equity strengthened

Book equity 2.82m NOK → 3.04m NOK (equity ratio 45.2% → 42.7%). Calculated
↑
Cash rose

Bank deposits 1.55m NOK → 2.93m NOK (+88.9% YoY). Calculated
↑
Payroll decreased

Salary cost 1.84m NOK → 1.63m NOK (16% → 15% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 11.31m NOK to 11.02m NOK (-2.5% YoY). Calculated
↓
COGS moved

COGS / varekostnad 7.58m NOK → 8.32m NOK (+9.7% YoY). Calculated