Org.nr 995 435 462 2018 → 2019 Year-over-year analysis

AIR BP NORWAY AS: årsregnskap 2019 vs 2018

Grew 83775% on revenue

approved 2020-08-31; registry 2020-10-26; journal 2020 961605

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AIR BP NORWAY AS. Revenue 434.5k NOK → 364.45m NOK (+83775.4%). Equity 36.54m NOK → 40.70m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIR BP NORWAY AS.

Scorecard

Revenue
434.5k NOK 364.45m NOK
+83775.4%
Operating result
n/m +6.39m NOK
—
Net result
n/m +4.17m NOK
—
Equity
36.54m NOK 40.70m NOK
+11.4%
Cash
752 NOK 1.22m NOK
+162134.0%
Total assets
86.67m NOK 93.08m NOK
+7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 434.5k NOK to 364.45m NOK (+83775.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 36.54m NOK → 40.70m NOK (equity ratio 42.2% → 43.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 752 NOK → 1.22m NOK (+162134.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.48m NOK → 3.60m NOK (1492% → 1% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.40m NOK → 14.34m NOK (-0.4% YoY). Calculated