FirmaIQ
Org.nr 913 990 315 2018 → 2019 Year-over-year analysis

ADRIAN MALERSERVICE AS: årsregnskap 2019 vs 2018

Grew 15% on revenue

approved 2020-02-27; registry 2020-07-16; journal 2020 586704

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADRIAN MALERSERVICE AS. Revenue 6.52m NOK → 7.51m NOK (+15.2%). Net result +602.5k NOK → +598.7k NOK. Equity 760.8k NOK → 929.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADRIAN MALERSERVICE AS.

At a glance

Scorecard

Revenue
6.52m NOK 7.51m NOK
+15.2%
Operating result
+781.7k NOK +764.2k NOK
-2.2%
Net result
+602.5k NOK +598.7k NOK
-0.6%
Equity
760.8k NOK 929.5k NOK
+22.2%
Cash
1.07m NOK 1.80m NOK
+68.3%
Total assets
2.28m NOK 2.85m NOK
+24.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.52m NOK to 7.51m NOK (+15.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 760.8k NOK → 929.5k NOK (equity ratio 33.4% → 32.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.07m NOK → 1.80m NOK (+68.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.70× → 1.37×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +781.7k NOK → +764.2k NOK (op. margin 12.0% → 10.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.17m NOK → 5.17m NOK (64% → 69% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 697.6k NOK → 602.4k NOK (-13.6% YoY). Calculated