FirmaIQ
Org.nr 927 124 238 2018 → 2019 Year-over-year analysis

TOMRA SYSTEMS ASA: årsregnskap 2019 vs 2018

Shrank 5% on revenue

approved 2020-05-04; registry 2020-06-04; journal 2020 386858

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for TOMRA SYSTEMS ASA. Revenue 1.35bn NOK → 1.28bn NOK (-5.5%). Net result +779.0k NOK → +858.0k NOK. Equity 1.58bn NOK → 1.56bn NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for TOMRA SYSTEMS ASA.

At a glance

Scorecard

Revenue
1.35bn NOK 1.28bn NOK
-5.5%
Operating result
n/m +70.00m NOK
—
Net result
+779.0k NOK +858.0k NOK
+10.1%
Equity
1.58bn NOK 1.56bn NOK
-0.9%
Cash
13.00m NOK 101.00m NOK
+676.9%
Total assets
5.35bn NOK 5.33bn NOK
-0.4%

What improved

  • ↑

    Net result improved

    Net result +779.0k NOK → +858.0k NOK (net margin 0.1% → 0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.00m NOK → 101.00m NOK (+676.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.35bn NOK to 1.28bn NOK (-5.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.58bn NOK → 1.56bn NOK (equity ratio 29.5% → 29.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 17.25m NOK → 18.29m NOK (1% → 1% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.68m NOK → 2.67m NOK (-0.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.88bn NOK → 4.41bn NOK. Reported fact