AJ MATBUTIKK AS: årsregnskap 2019 vs 2018
Slipped into loss, cash halved-plus
approved 2020-06-25; registry 2020-09-28; journal 2020 875325
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ MATBUTIKK AS. Revenue 2.56m NOK → 2.63m NOK (+2.9%). Net result +373.9k NOK → -62.5k NOK. Equity 511.4k NOK → 448.9k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ MATBUTIKK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.56m NOK to 2.63m NOK (+2.9% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 373.9k NOK profit to a loss of 62.5k NOK. Calculated
-
↓
Equity eroded
Book equity 511.4k NOK → 448.9k NOK (equity ratio 52.7% → 73.9%). Calculated
-
↓
Cash fell
Bank deposits 560.7k NOK → 209.5k NOK (-62.6% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 382.1k NOK → 565.7k NOK (15% → 21% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.07m NOK → 1.30m NOK (+21.7% YoY). Calculated