AKER RØRLEGGERBEDRIFT AS: årsregnskap 2019 vs 2018
Grew 40% on revenue, weaker earnings
approved 2020-05-31; registry 2020-06-18; journal 2020 457215
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKER RØRLEGGERBEDRIFT AS. Revenue 1.79m NOK → 2.51m NOK (+40.0%). Net result +369.9k NOK → +269.7k NOK. Equity 469.1k NOK → 738.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AKER RØRLEGGERBEDRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.79m NOK to 2.51m NOK (+40.0% YoY). Calculated
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↑
Equity strengthened
Book equity 469.1k NOK → 738.8k NOK (equity ratio 155.1% → 49.1%). Calculated
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↑
Cash rose
Bank deposits 422.6k NOK → 696.5k NOK (+64.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.70×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +413.2k NOK → +347.0k NOK (op. margin 23.1% → 13.8%). Calculated
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↓
Net result weakened
Net result +369.9k NOK → +269.7k NOK (net margin 20.7% → 10.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 449.5k NOK → 662.1k NOK (25% → 26% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 815.4k NOK → 135.6k NOK (-83.4% YoY). Calculated