Org.nr 979 938 799 2018 → 2019 Year-over-year analysis

NEL ASA: årsregnskap 2019 vs 2018

Grew 76% on revenue, fresh owner capital

approved 2020-04-22; registry 2020-08-04; journal 2020 641908

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for NEL ASA. Revenue 10.93m NOK → 19.26m NOK (+76.2%). Equity 1.76bn NOK → 2.26bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for NEL ASA.

At a glance

Revenue

10.93m NOK 19.26m NOK

+76.2%

Operating result

n/m -24.41m NOK

—

Net result

n/m -36.27m NOK

—

Equity

1.76bn NOK 2.26bn NOK

+28.0%

Cash

282.0k NOK 479.6k NOK

+70.0%

Total assets

1.78bn NOK 2.28bn NOK

+28.3%

↑
Revenue rose

Operating income / revenue moved from 10.93m NOK to 19.26m NOK (+76.2% YoY). Calculated
↑
Equity strengthened

Book equity 1.76bn NOK → 2.26bn NOK (equity ratio 99.4% → 99.2%). Calculated
↑
Cash rose

Bank deposits 282.0k NOK → 479.6k NOK (+70.0% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 1.84bn NOK → 2.37bn NOK (+531.86m NOK). Reported fact

·
Payroll increased

Salary cost 15.93m NOK → 26.16m NOK (146% → 136% of revenue). Calculated
·
COGS moved

COGS / varekostnad 298.5k NOK → 342.4k NOK (+14.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1 NOK → 1.76bn NOK. Reported fact