AJ BLIKK AS: årsregnskap 2019 vs 2018
Grew 25% on revenue, stronger earnings
approved 2020-05-14; registry 2020-06-17; journal 2020 451132
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ BLIKK AS. Revenue 2.60m NOK → 3.26m NOK (+25.2%). Net result +61.4k NOK → +161.3k NOK. Equity -117.2k NOK → 44.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ BLIKK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.60m NOK to 3.26m NOK (+25.2% YoY). Calculated
-
↑
Operating result improved
Operating result +81.1k NOK → +182.2k NOK (op. margin 3.1% → 5.6%). Calculated
-
↑
Net result improved
Net result +61.4k NOK → +161.3k NOK (net margin 2.4% → 5.0%). Calculated
-
↑
Equity strengthened
Book equity -117.2k NOK → 44.1k NOK (equity ratio -17.5% → 5.3%). Calculated
-
↑
Cash rose
Bank deposits 332.3k NOK → 625.3k NOK (+88.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.44m NOK → 1.80m NOK (55% → 55% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 613.7k NOK → 639.6k NOK (+4.2% YoY). Calculated