AF AUTO AS: årsregnskap 2019 vs 2018
Grew 18% on revenue
approved 2020-08-31; registry 2020-09-16; journal 2020 824927
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AF AUTO AS. Revenue 1.53m NOK → 1.81m NOK (+18.2%). Equity 331.4k NOK → 366.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AF AUTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.53m NOK to 1.81m NOK (+18.2% YoY). Calculated
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↑
Equity strengthened
Book equity 331.4k NOK → 366.2k NOK (equity ratio 29832.4% → 17.2%). Calculated
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↑
Cash rose
Bank deposits 106.9k NOK → 989.1k NOK (+824.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.14× → 2.80×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +624.9k NOK → +557.0k NOK (op. margin 40.9% → 30.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 884.2k NOK → 226.8k NOK (-74.3% YoY). Calculated