ADOLFSEN MASKIN OG TRANSPORT AS: årsregnskap 2019 vs 2018
Grew 17% on revenue
approved 2020-07-03; registry 2020-10-03; journal 2020 889136
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADOLFSEN MASKIN OG TRANSPORT AS. Revenue 12.32m NOK → 14.36m NOK (+16.6%). Equity 6.81m NOK → 6.19m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADOLFSEN MASKIN OG TRANSPORT AS.
At a glance
Scorecard
Revenue
12.32m NOK
14.36m NOK
+16.6%
Operating result
n/m
+3.18m NOK
—
Net result
n/m
+2.38m NOK
—
Equity
6.81m NOK
6.19m NOK
-9.1%
Cash
1.86m NOK
4.76m NOK
+155.1%
Total assets
12.63m NOK
13.65m NOK
+8.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.32m NOK to 14.36m NOK (+16.6% YoY). Calculated
-
↑
Cash rose
Bank deposits 1.86m NOK → 4.76m NOK (+155.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 6.81m NOK → 6.19m NOK (equity ratio 53.9% → 45.3%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 86.5k NOK → 1.47m NOK (+1596.9% YoY). Calculated