ADVERTISING WITH ELEPHANTS AS: årsregnskap 2019 vs 2018
Grew 241% on revenue, weaker earnings
approved 2020-06-23; registry 2020-06-30; journal 2020 517885
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVERTISING WITH ELEPHANTS AS. Revenue 672.1k NOK → 2.29m NOK (+241.1%). Net result +1.97m NOK → +1.02m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
672.1k NOK
2.29m NOK
+241.1%
Operating result
+554.7k NOK
+1.31m NOK
+135.7%
Net result
+1.97m NOK
+1.02m NOK
-48.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 672.1k NOK to 2.29m NOK (+241.1% YoY). Calculated
-
↑
Operating result improved
Operating result +554.7k NOK → +1.31m NOK (op. margin 82.5% → 57.0%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +1.97m NOK → +1.02m NOK (net margin 292.8% → 44.3%). Calculated