AKERSHUS BYGG BRØDRE AS: årsregnskap 2019 vs 2018
Grew 19% on revenue, slipped into loss
approved 2020-05-20; registry 2020-10-05; journal 2020 909849
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS BYGG BRØDRE AS. Revenue 6.99m NOK → 8.35m NOK (+19.3%). Net result +595.7k NOK → -7 793 NOK. Equity 487.3k NOK → 479.5k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS BYGG BRØDRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.99m NOK to 8.35m NOK (+19.3% YoY). Calculated
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↑
Cash rose
Bank deposits 1 121 NOK → 731.0k NOK (+65107.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.61× → 1.31×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +650.4k NOK → -11.6k NOK (op. margin 9.3% → -0.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 595.7k NOK profit to a loss of 7 793 NOK. Calculated
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↓
Equity eroded
Book equity 487.3k NOK → 479.5k NOK (equity ratio 51.9% → 25.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.72m NOK → 5.28m NOK (68% → 63% of revenue). Calculated
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COGS fell
COGS / varekostnad 856.8k NOK → 68.6k NOK (-92.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value -1 293 NOK → 2 000 NOK. Reported fact