BEVEST ASA: årsregnskap 2019 vs 2018
Grew 84% on revenue, returned to profit, cash halved-plus
approved 2020-06-24; registry 2020-07-22; journal 2020 600563
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for BEVEST ASA. Revenue 1.58m NOK → 2.90m NOK (+83.6%). Net result -7.80m NOK → +2.49m NOK. Equity 2.23m NOK → 4.72m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for BEVEST ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.58m NOK to 2.90m NOK (+83.6% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 7.80m NOK to a profit of 2.49m NOK. Calculated
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↑
Equity strengthened
Book equity 2.23m NOK → 4.72m NOK (equity ratio 10.6% → 18.8%). Calculated
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↑
Payroll decreased
Salary cost 69.0k NOK → 16.3k NOK (4% → 1% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 401.0k NOK → 580 NOK (-99.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 20.24m NOK → 24.39m NOK. Reported fact