OPTIO INCENTIVES AS: årsregnskap 2019 vs 2018
Grew 229704% on revenue, stronger earnings
approved 2020-08-28; registry 2020-10-21; journal 2020 958085
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for OPTIO INCENTIVES AS. Revenue 2 209 NOK → 5.08m NOK (+229704.3%). Net result +73.8k NOK → +1.54m NOK. Equity 1.03m NOK → 2.34m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for OPTIO INCENTIVES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 209 NOK to 5.08m NOK (+229704.3% YoY). Calculated
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Operating result improved
Operating result +110.0k NOK → +1.60m NOK (op. margin 4977.8% → 31.5%). Calculated
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Net result improved
Net result +73.8k NOK → +1.54m NOK (net margin 3342.0% → 30.3%). Calculated
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Equity strengthened
Book equity 1.03m NOK → 2.34m NOK (equity ratio 133.5% → 37.2%). Calculated
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Cash rose
Bank deposits 1.31m NOK → 1.65m NOK (+25.9% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 824.4k NOK → 624.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 94.2k NOK → 4.39m NOK (4267% → 87% of revenue). Calculated