AK2 SIVILARKITEKT MNAL AS: årsregnskap 2019 vs 2018
Grew 17% on revenue, stronger earnings
approved 2020-05-15; registry 2020-09-03; journal 2020 737250
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK2 SIVILARKITEKT MNAL AS. Revenue 2.26m NOK → 2.65m NOK (+17.5%). Net result +550.4k NOK → +683.0k NOK. Equity 32.0k NOK → 30.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AK2 SIVILARKITEKT MNAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.26m NOK to 2.65m NOK (+17.5% YoY). Calculated
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↑
Operating result improved
Operating result +689.0k NOK → +879.4k NOK (op. margin 30.6% → 33.2%). Calculated
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Net result improved
Net result +550.4k NOK → +683.0k NOK (net margin 24.4% → 25.8%). Calculated
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↑
Cash rose
Bank deposits 543.9k NOK → 646.1k NOK (+18.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 32.0k NOK → 30.0k NOK (equity ratio 3.2% → 11.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.10m NOK → 1.32m NOK (49% → 50% of revenue). Calculated