AGN RØR AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-09-30; registry 2020-10-08; journal 2020 938228
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGN RØR AS. Revenue 3.98m NOK → 3.92m NOK (-1.7%). Net result +187.8k NOK → +451.5k NOK. Equity 64.9k NOK → 613.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +244.8k NOK → +582.6k NOK (op. margin 6.1% → 14.9%). Calculated
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↑
Net result improved
Net result +187.8k NOK → +451.5k NOK (net margin 4.7% → 11.5%). Calculated
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↑
Equity strengthened
Book equity 64.9k NOK → 613.4k NOK (equity ratio 3.9% → 41.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.98m NOK to 3.92m NOK (-1.7% YoY). Calculated
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↓
Cash fell
Bank deposits 104.3k NOK → 70.4k NOK (-32.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 751.9k NOK → 867.0k NOK (19% → 22% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 1.64m NOK → 1.99m NOK (+21.3% YoY). Calculated