Veidekke ASA: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-03-30; registry 2020-06-11; journal 2020 413310
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for Veidekke ASA. Revenue 110.0k NOK → 114.0k NOK (+3.6%). Net result +401.00m NOK → +646.0k NOK. Equity 1.39bn NOK → 2.14bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for Veidekke ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 110.0k NOK to 114.0k NOK (+3.6% YoY). Calculated
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↑
Equity strengthened
Book equity 1.39bn NOK → 2.14bn NOK (equity ratio 31.0% → 39.6%). Calculated
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↑
Cash rose
Bank deposits 3.00m NOK → 67.00m NOK (+2133.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +417.00m NOK → -135.00m NOK (op. margin 379090.9% → -118421.1%). Calculated
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↓
Net result weakened
Net result +401.00m NOK → +646.0k NOK (net margin 364545.5% → 566.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 95.00m NOK → 10.10bn NOK (86364% → 8861404% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 3.40bn NOK → 3.46bn NOK. Reported fact