AK KRAN OG TRANSPORT AS: årsregnskap 2019 vs 2018
Grew 669% on revenue, slipped into loss, cash halved-plus
approved 2020-03-20; registry 2020-06-18; journal 2020 452100
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK KRAN OG TRANSPORT AS. Revenue 745.7k NOK → 5.73m NOK (+668.7%). Net result +640.1k NOK → -176.5k NOK. Equity 1.42m NOK → 1.25m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK KRAN OG TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 745.7k NOK to 5.73m NOK (+668.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +876.0k NOK → +189.8k NOK (op. margin 117.5% → 3.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 640.1k NOK profit to a loss of 176.5k NOK. Calculated
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↓
Equity eroded
Book equity 1.42m NOK → 1.25m NOK (equity ratio 42.3% → 51.0%). Calculated
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↓
Cash fell
Bank deposits 815.3k NOK → 125.5k NOK (-84.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 197.2k NOK → 39.4k NOK (-80.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 74.1k NOK → 24.1k NOK. Reported fact