ITERA ASA: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-05-25; registry 2020-06-18; journal 2020 455743
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ITERA ASA. Revenue 31.34m NOK → 32.56m NOK (+3.9%). Net result +33.57m NOK → +44.52m NOK. Equity 71.59m NOK → 76.70m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 31.34m NOK to 32.56m NOK (+3.9% YoY). Calculated
-
↑
Net result improved
Net result +33.57m NOK → +44.52m NOK (net margin 107.1% → 136.7%). Calculated
-
↑
Equity strengthened
Book equity 71.59m NOK → 76.70m NOK (equity ratio 32.4% → 48.2%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 15.74m NOK → 16.88m NOK (+1.14m NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 45.53m NOK → 29.44m NOK (-35.3% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 87.28m NOK → 77.31m NOK (-11.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 107.88m NOK → 114.9k NOK. Reported fact