AGVA KRAFT AS: årsregnskap 2019 vs 2018
Grew 35% on revenue, returned to profit
approved 2020-06-29; registry 2020-08-27; journal 2020 704103
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGVA KRAFT AS. Revenue 205.10m NOK → 276.15m NOK (+34.6%). Net result -12.18m NOK → +6.76m NOK. Equity -16.47m NOK → -9.70m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGVA KRAFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 205.10m NOK to 276.15m NOK (+34.6% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 12.18m NOK to a profit of 6.76m NOK. Calculated
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Equity strengthened
Book equity -16.47m NOK → -9.70m NOK (equity ratio -24.5% → -16.4%). Calculated
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Cash rose
Bank deposits 18.31m NOK → 25.31m NOK (+38.2% YoY). Calculated
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Payroll decreased
Salary cost 3.94m NOK → 3.60m NOK (2% → 1% of revenue). Calculated
Things to notice
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COGS moved
COGS / varekostnad 187.66m NOK → 226.99m NOK (+21.0% YoY). Calculated