Org.nr 993 644 838 2018 → 2019 Year-over-year analysis

AIR SPONGE NORGE AS: årsregnskap 2019 vs 2018

Shrank 6% on revenue, cash halved-plus

approved 2020-03-18; registry 2020-03-21; journal 2020 249727

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIR SPONGE NORGE AS. Revenue 4.98m NOK → 4.66m NOK (-6.4%). Equity 70.1k NOK → 65.9k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

4.98m NOK 4.66m NOK

-6.4%

Operating result

n/m +64.2k NOK

—

Net result

n/m -4 136 NOK

—

Equity

70.1k NOK 65.9k NOK

-5.9%

Cash

350.7k NOK 17.0k NOK

-95.1%

Total assets

994.4k NOK 823.1k NOK

-17.2%

↓
Revenue fell

Operating income / revenue moved from 4.98m NOK to 4.66m NOK (-6.4% YoY). Calculated
↓
Equity eroded

Book equity 70.1k NOK → 65.9k NOK (equity ratio 7.0% → 8.0%). Calculated
↓
Cash fell

Bank deposits 350.7k NOK → 17.0k NOK (-95.1% YoY). Calculated