FirmaIQ
Org.nr 985 009 945 2018 → 2019 Year-over-year analysis

ADVANCED MOBILE COMPUTING AND TECHNOLOGY AS: årsregnskap 2019 vs 2018

Shrank 40% on revenue, cash halved-plus

approved 2020-08-27; registry 2020-09-05; journal 2020 759544

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVANCED MOBILE COMPUTING AND TECHNOLOGY AS. Revenue 3.22m NOK → 1.95m NOK (-39.6%). Equity 1.72m NOK → 1.73m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCED MOBILE COMPUTING AND TECHNOLOGY AS.

At a glance

Scorecard

Revenue
3.22m NOK 1.95m NOK
-39.6%
Operating result
+298.1k NOK +47.7k NOK
-84.0%
Equity
1.72m NOK 1.73m NOK
+0.4%
Cash
402.8k NOK 188.7k NOK
-53.2%
Total assets
2.82m NOK 2.44m NOK
-13.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.72m NOK → 1.73m NOK (equity ratio 61.0% → 70.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.22m NOK to 1.95m NOK (-39.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +298.1k NOK → +47.7k NOK (op. margin 9.3% → 2.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 402.8k NOK → 188.7k NOK (-53.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 182 NOK → 2.56m NOK (0% → 132% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.23m NOK → 737.5k NOK (-40.1% YoY). Calculated