HOMECO ASA: årsregnskap 2019 vs 2018
Shrank 100% on revenue, stronger earnings, fresh owner capital
approved 2020-03-31; registry 2020-04-15; journal 2020 287962
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for HOMECO ASA. Revenue 883.55m NOK → 0 NOK (-100.0%). Net result -14.59m NOK → -4 326 NOK. Equity 201.20m NOK → 280.56m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for HOMECO ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -14.59m NOK → -4 326 NOK. Calculated
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↑
Equity strengthened
Book equity 201.20m NOK → 280.56m NOK (equity ratio 37.4% → 50.3%). Calculated
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↑
Cash rose
Bank deposits 193.1k NOK → 59.69m NOK (+30803.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.76× → 1.25×. Calculated
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↑
Owners injected capital
Paid-in equity rose 200.00m NOK → 252.04m NOK (+52.04m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 883.55m NOK to 0 NOK (-100.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 488.62m NOK → 591.00m NOK (+21.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 485.32m NOK → 504.41m NOK. Reported fact