Org.nr 989 502 581 2018 → 2019 Year-over-year analysis

AE RESTAURANTDRIFT AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-04; registry 2020-03-07; journal 2020 232017

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AE RESTAURANTDRIFT AS. Revenue 16.64m NOK → 15.93m NOK (-4.3%). Equity 545.3k NOK → 736.4k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AE RESTAURANTDRIFT AS.

At a glance

Revenue

16.64m NOK 15.93m NOK

-4.3%

Operating result

n/m +265.5k NOK

—

Net result

n/m +191.0k NOK

—

Equity

545.3k NOK 736.4k NOK

+35.0%

Cash

392.0k NOK 140.6k NOK

-64.1%

Total assets

2.49m NOK 2.05m NOK

-17.5%

↑
Equity strengthened

Book equity 545.3k NOK → 736.4k NOK (equity ratio 21.9% → 35.8%). Calculated
↑
Payroll decreased

Salary cost 4.71m NOK → 4.21m NOK (28% → 26% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 16.64m NOK to 15.93m NOK (-4.3% YoY). Calculated
↓
Cash fell

Bank deposits 392.0k NOK → 140.6k NOK (-64.1% YoY). Calculated