Org.nr 933 739 384 2018 → 2019 Year-over-year analysis

VEND MARKETPLACES ASA: årsregnskap 2019 vs 2018

Grew 14% on revenue, weaker earnings

approved 2020-05-06; registry 2020-07-16; journal 2020 587092

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for VEND MARKETPLACES ASA. Revenue 86.00m NOK → 98.00m NOK (+14.0%). Net result +652.00m NOK → +857.0k NOK. Equity 16.78bn NOK → 12.66bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.

Scorecard

Revenue
86.00m NOK 98.00m NOK
+14.0%
Operating result
-199.00m NOK -251.00m NOK
-26.1%
Net result
+652.00m NOK +857.0k NOK
-99.9%
Equity
16.78bn NOK 12.66bn NOK
-24.6%
Cash
1.14bn NOK 2.94bn NOK
+158.1%
Total assets
31.62bn NOK 23.27bn NOK
-26.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.00m NOK to 98.00m NOK (+14.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.14bn NOK → 2.94bn NOK (+158.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -199.00m NOK → -251.00m NOK (op. margin -231.4% → -256.1%). Calculated

  • ↓

    Net result weakened

    Net result +652.00m NOK → +857.0k NOK (net margin 758.1% → 0.9%). Calculated

  • ↓

    Equity eroded

    Book equity 16.78bn NOK → 12.66bn NOK (equity ratio 53.1% → 54.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 6.84bn NOK → 5.19bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 29.38bn NOK → 19.32bn NOK. Reported fact