Org.nr 919 213 914 2018 → 2019 Year-over-year analysis

DIGGIT AS: årsregnskap 2019 vs 2018

Shrank 39% on revenue, stronger earnings

approved 2020-03-16; registry 2020-10-03; journal 2020 929122

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for DIGGIT AS. Revenue 369.3k NOK → 224.8k NOK (-39.1%). Net result -165.0k NOK → -65.6k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
369.3k NOK 224.8k NOK
-39.1%
Operating result
-162.7k NOK -65.8k NOK
+59.6%
Net result
-165.0k NOK -65.6k NOK
+60.2%
Equity
-135.0k NOK n/m
—
Cash
312.1k NOK n/m
—
Total assets
312.1k NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result -162.7k NOK → -65.8k NOK (op. margin -44.1% → -29.3%). Calculated

  • ↑

    Net result improved

    Net result -165.0k NOK → -65.6k NOK (net margin -44.7% → -29.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 369.3k NOK to 224.8k NOK (-39.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 310.8k NOK → 996.7k NOK (84% → 443% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 0 NOK → 38.4k NOK (None YoY). Calculated