Org.nr 920 812 686 2018 → 2019 Year-over-year analysis

AE BYGG OG MALERSERVICE AS: årsregnskap 2019 vs 2018

Grew 81% on revenue, cash halved-plus

approved 2019-12-31; registry 2020-09-05; journal 2020 757189

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AE BYGG OG MALERSERVICE AS. Revenue 488.0k NOK → 881.7k NOK (+80.7%). Equity 9.18m NOK → 237.5k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AE BYGG OG MALERSERVICE AS.

At a glance

Revenue

488.0k NOK 881.7k NOK

+80.7%

Operating result

n/m +77.2k NOK

—

Net result

n/m +54.7k NOK

—

Equity

9.18m NOK 237.5k NOK

-97.4%

Cash

249.2k NOK 102.9k NOK

-58.7%

Total assets

268.6k NOK 362.4k NOK

+34.9%

↑
Revenue rose

Operating income / revenue moved from 488.0k NOK to 881.7k NOK (+80.7% YoY). Calculated

↓
Equity eroded

Book equity 9.18m NOK → 237.5k NOK (equity ratio 3419.1% → 65.6%). Calculated
↓
Cash fell

Bank deposits 249.2k NOK → 102.9k NOK (-58.7% YoY). Calculated

·
COGS moved

COGS / varekostnad 59.9k NOK → 144.5k NOK (+141.2% YoY). Calculated