Org.nr 979 867 654 2018 → 2019 Year-over-year analysis

ARRIBATEC GROUP ASA: årsregnskap 2019 vs 2018

Grew 12% on revenue

approved 2020-03-26; registry 2020-09-12; journal 2020 797249

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ARRIBATEC GROUP ASA. Revenue 501 NOK → 561 NOK (+12.0%). Equity 7.10m NOK → 7.43m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ARRIBATEC GROUP ASA.

At a glance

Revenue

501 NOK 561 NOK

+12.0%

Operating result

n/m +943 NOK

—

Net result

n/m +3.19m NOK

—

Equity

7.10m NOK 7.43m NOK

+4.6%

Cash

1.31m NOK 3.36m NOK

+156.3%

Total assets

102.84m NOK 12.40m NOK

-87.9%

↑
Revenue rose

Operating income / revenue moved from 501 NOK to 561 NOK (+12.0% YoY). Calculated
↑
Equity strengthened

Book equity 7.10m NOK → 7.43m NOK (equity ratio 6.9% → 59.9%). Calculated
↑
Cash rose

Bank deposits 1.31m NOK → 3.36m NOK (+156.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 232.1k NOK → 236.6k NOK (+4 495 NOK). Reported fact
↑
Payroll decreased

Salary cost 5.28m NOK → 4.52m NOK (1054291% → 805704% of revenue). Calculated

·
COGS fell

COGS / varekostnad 13.57m NOK → 5.54m NOK (-59.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 75.15m NOK → 0 NOK. Reported fact