Org.nr 986 942 033 2018 → 2019 Year-over-year analysis

APPEAR ASA: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-06-17; registry 2020-06-29; journal 2020 496293

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for APPEAR ASA. Revenue 12.21bn NOK → 12.23bn NOK (+0.2%). Net result +9.30m NOK → +17.09m NOK. Equity 232.47m NOK → 239.68m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
12.21bn NOK 12.23bn NOK
+0.2%
Operating result
+7.16m NOK +11.46m NOK
+60.0%
Net result
+9.30m NOK +17.09m NOK
+83.7%
Equity
232.47m NOK 239.68m NOK
+3.1%
Cash
40.86m NOK 31.79m NOK
-22.2%
Total assets
267.46m NOK 279.98m NOK
+4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.21bn NOK to 12.23bn NOK (+0.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.16m NOK → +11.46m NOK (op. margin 0.1% → 0.1%). Calculated

  • ↑

    Net result improved

    Net result +9.30m NOK → +17.09m NOK (net margin 0.1% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 232.47m NOK → 239.68m NOK (equity ratio 86.9% → 85.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 40.86m NOK → 31.79m NOK (-22.2% YoY). Calculated