B2 IMPACT ASA: årsregnskap 2019 vs 2018
Grew 51% on revenue, slipped into loss
approved 2020-05-27; registry 2020-07-04; journal 2020 527631
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for B2 IMPACT ASA. Revenue 21.88m NOK → 33.10m NOK (+51.3%). Net result +648.6k NOK → -156.55m NOK. Equity 3.70bn NOK → 3.82bn NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for B2 IMPACT ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 21.88m NOK to 33.10m NOK (+51.3% YoY). Calculated
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↑
Equity strengthened
Book equity 3.70bn NOK → 3.82bn NOK (equity ratio 32.3% → 29.1%). Calculated
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Owners injected capital
Paid-in equity rose 2.89bn NOK → 2.90bn NOK (+8.60m NOK). Reported fact
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Payroll decreased
Salary cost 34.71m NOK → 887.9k NOK (159% → 3% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.38m NOK → +958.6k NOK (op. margin 6.3% → 2.9%). Calculated
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Fell into a net loss
Net result flipped from 648.6k NOK profit to a loss of 156.55m NOK. Calculated
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↓
Cash fell
Bank deposits 11.25m NOK → 5.84m NOK (-48.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 8.36m NOK → 447.2k NOK (-94.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 11.37bn NOK → 12.94bn NOK. Reported fact