FirmaIQ
Org.nr 995 359 774 2018 → 2019 Year-over-year analysis

SAGA PURE ASA: årsregnskap 2019 vs 2018

Shrank 34% on revenue, weaker earnings

approved 2020-05-26; registry 2020-08-05; journal 2020 648114

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for SAGA PURE ASA. Revenue 34.94m NOK → 23.16m NOK (-33.7%). Net result +28.14m NOK → +12.38m NOK. Equity 292.23m NOK → 299.0k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for SAGA PURE ASA.

At a glance

Scorecard

Revenue
34.94m NOK 23.16m NOK
-33.7%
Operating result
-87.72m NOK +51.27m NOK
+158.4%
Net result
+28.14m NOK +12.38m NOK
-56.0%
Equity
292.23m NOK 299.0k NOK
-99.9%
Cash
128.87m NOK 76.35m NOK
-40.8%
Total assets
296.30m NOK 303.6k NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result -87.72m NOK → +51.27m NOK (op. margin -251.0% → 221.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 34.94m NOK to 23.16m NOK (-33.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +28.14m NOK → +12.38m NOK (net margin 80.5% → 53.4%). Calculated

  • ↓

    Equity eroded

    Book equity 292.23m NOK → 299.0k NOK (equity ratio 98.6% → 98.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 128.87m NOK → 76.35m NOK (-40.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 137.18m NOK → 183.7k NOK. Reported fact