Org.nr 920 237 126 2018 → 2019 Year-over-year analysis

ATEA ASA: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-03-10; registry 2020-03-21; journal 2020 250583

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ATEA ASA. Revenue 52.00m NOK → 54.00m NOK (+3.8%). Net result +467.00m NOK → +590.0k NOK. Equity 2.10bn NOK → 2.09bn NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ATEA ASA.

Scorecard

Revenue
52.00m NOK 54.00m NOK
+3.8%
Net result
+467.00m NOK +590.0k NOK
-99.9%
Equity
2.10bn NOK 2.09bn NOK
-0.5%
Cash
538.00m NOK 318.00m NOK
-40.9%
Total assets
5.28bn NOK 6.12bn NOK
+15.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 52.00m NOK to 54.00m NOK (+3.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 410.0k NOK → 463.0k NOK (+53.0k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +467.00m NOK → +590.0k NOK (net margin 898.1% → 1.1%). Calculated

  • ↓

    Equity eroded

    Book equity 2.10bn NOK → 2.09bn NOK (equity ratio 39.7% → 34.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 538.00m NOK → 318.00m NOK (-40.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.49bn NOK → 4.53bn NOK. Reported fact