NEKKAR ASA: årsregnskap 2019 vs 2018
Shrank 16% on revenue, stronger earnings, fresh owner capital
approved 2020-04-29; registry 2020-07-21; journal 2020 599282
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for NEKKAR ASA. Revenue 22.31m NOK → 18.75m NOK (-16.0%). Net result +11.81m NOK → +48.98m NOK. Equity 17.52m NOK → 249.36m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NEKKAR ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +15.11m NOK → +33.08m NOK (op. margin 67.7% → 176.4%). Calculated
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Net result improved
Net result +11.81m NOK → +48.98m NOK (net margin 52.9% → 261.2%). Calculated
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Equity strengthened
Book equity 17.52m NOK → 249.36m NOK (equity ratio 1950.9% → 60.3%). Calculated
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Cash rose
Bank deposits 898 NOK → 208.7k NOK (+23143.8% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 1.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 22.31m NOK to 18.75m NOK (-16.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 142.1k NOK → 160.1k NOK (+12.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 141.27m NOK. Reported fact