AK MUR AS: årsregnskap 2019 vs 2018
Grew 19% on revenue, weaker earnings
approved 2020-05-27; registry 2020-08-29; journal 2020 709455
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK MUR AS. Revenue 2.10m NOK → 2.50m NOK (+19.2%). Net result +128.7k NOK → +57.3k NOK. Equity 217.3k NOK → 274.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AK MUR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.50m NOK (+19.2% YoY). Calculated
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↑
Equity strengthened
Book equity 217.3k NOK → 274.6k NOK (equity ratio 35.8% → 37.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +172.6k NOK → +63.4k NOK (op. margin 8.2% → 2.5%). Calculated
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↓
Net result weakened
Net result +128.7k NOK → +57.3k NOK (net margin 6.1% → 2.3%). Calculated
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↓
Cash fell
Bank deposits 339.8k NOK → 221.7k NOK (-34.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 659.7k NOK → 963.0k NOK (31% → 39% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 923.3k NOK → 117.3k NOK (-87.3% YoY). Calculated