Org.nr 984 011 202 2018 → 2019 Year-over-year analysis

AK MEKANISKE AS: årsregnskap 2019 vs 2018

Grew 8% on revenue, stronger earnings

approved 2020-03-17; registry 2020-06-18; journal 2020 452174

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AK MEKANISKE AS. Revenue 165.87m NOK → 178.95m NOK (+7.9%). Net result +3 917 NOK → +2.28m NOK. Equity 15.49m NOK → 17.77m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AK MEKANISKE AS.

Scorecard

Revenue
165.87m NOK 178.95m NOK
+7.9%
Operating result
+5 268 NOK +2.94m NOK
+55676.8%
Net result
+3 917 NOK +2.28m NOK
+58158.9%
Equity
15.49m NOK 17.77m NOK
+14.7%
Cash
1.56m NOK 1.74m NOK
+11.9%
Total assets
46.30m NOK 55.36m NOK
+19.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 165.87m NOK to 178.95m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 268 NOK → +2.94m NOK (op. margin 0.0% → 1.6%). Calculated

  • ↑

    Net result improved

    Net result +3 917 NOK → +2.28m NOK (net margin 0.0% → 1.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 15.49m NOK → 17.77m NOK (equity ratio 33.5% → 32.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.56m NOK → 1.74m NOK (+11.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 97.84m NOK → 108.70m NOK (+11.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 18.2k NOK → 18.30m NOK. Reported fact