FirmaIQ
Org.nr 920 947 352 2018 → 2019 Year-over-year analysis

ADVENTURE TAILOR AS: årsregnskap 2019 vs 2018

Grew 5509% on revenue, returned to profit

approved 2020-05-22; registry 2020-09-03; journal 2020 741604

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVENTURE TAILOR AS. Revenue 10.0k NOK → 560.9k NOK (+5509.2%). Net result -5 648 NOK → +106.8k NOK. Equity 24.4k NOK → 7.19m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVENTURE TAILOR AS.

At a glance

Scorecard

Revenue
10.0k NOK 560.9k NOK
+5509.2%
Operating result
-3 776 NOK +138.5k NOK
+3767.5%
Net result
-5 648 NOK +106.8k NOK
+1990.5%
Equity
24.4k NOK 7.19m NOK
+29415.1%
Cash
73 NOK 433 NOK
+493.2%
Total assets
28.4k NOK 307.2k NOK
+983.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.0k NOK to 560.9k NOK (+5509.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3 776 NOK → +138.5k NOK (op. margin -37.8% → 24.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 648 NOK to a profit of 106.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 24.4k NOK → 7.19m NOK (equity ratio 85.9% → 2339.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 9 869 NOK (0% → 2% of revenue). Calculated