Org.nr 938 702 675 2018 → 2019 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2019 vs 2018

Grew 55489% on revenue, stronger earnings

approved 2020-05-15; registry 2020-06-03; journal 2020 380024

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AF GRUPPEN ASA. Revenue 984.0k NOK → 547.00m NOK (+55489.4%). Net result +772.0k NOK → +1.03m NOK. Equity 582.0k NOK → 803.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

Scorecard

Revenue
984.0k NOK 547.00m NOK
+55489.4%
Operating result
+966.0k NOK +527.00m NOK
+54454.9%
Net result
+772.0k NOK +1.03m NOK
+33.0%
Equity
582.0k NOK 803.0k NOK
+38.0%
Total assets
2.37bn NOK 2.97bn NOK
+25.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 984.0k NOK to 547.00m NOK (+55489.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +966.0k NOK → +527.00m NOK (op. margin 98.2% → 96.3%). Calculated

  • ↑

    Net result improved

    Net result +772.0k NOK → +1.03m NOK (net margin 78.5% → 0.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 582.0k NOK → 803.0k NOK (equity ratio 0.0% → 0.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 169.00m NOK → 188.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.23bn NOK → 2.26bn NOK. Reported fact