ADVISION AS: årsregnskap 2019 vs 2018
Grew 71% on revenue, stronger earnings
approved 2019-12-31; registry 2020-06-20; journal 2020 465994
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVISION AS. Revenue 1.43m NOK → 2.45m NOK (+71.3%). Net result +147.9k NOK → +190.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVISION AS.
At a glance
Scorecard
Revenue
1.43m NOK
2.45m NOK
+71.3%
Operating result
+191.9k NOK
+244.3k NOK
+27.3%
Net result
+147.9k NOK
+190.9k NOK
+29.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.43m NOK to 2.45m NOK (+71.3% YoY). Calculated
-
↑
Operating result improved
Operating result +191.9k NOK → +244.3k NOK (op. margin 13.4% → 10.0%). Calculated
-
↑
Net result improved
Net result +147.9k NOK → +190.9k NOK (net margin 10.4% → 7.8%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 291.3k NOK → 582.2k NOK (+99.8% YoY). Calculated