DONIA INTERNASJONAL MATVARER AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, weaker earnings
approved 2020-01-31; registry 2020-07-11; journal 2020 572703
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for DONIA INTERNASJONAL MATVARER AS. Revenue 4.58m NOK → 5.02m NOK (+9.5%). Net result +128.7k NOK → +60.0k NOK. Equity 483.8k NOK → 543.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for DONIA INTERNASJONAL MATVARER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.58m NOK to 5.02m NOK (+9.5% YoY). Calculated
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↑
Equity strengthened
Book equity 483.8k NOK → 543.8k NOK (equity ratio 37.0% → 45.4%). Calculated
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↑
Cash rose
Bank deposits 320.5k NOK → 358.1k NOK (+11.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.97m NOK → 1.30m NOK (43% → 26% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +166.8k NOK → +77.3k NOK (op. margin 3.6% → 1.5%). Calculated
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↓
Net result weakened
Net result +128.7k NOK → +60.0k NOK (net margin 2.8% → 1.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.87m NOK → 3.08m NOK (+7.3% YoY). Calculated