A B ARCTIC AS: årsregnskap 2019 vs 2018
Grew 404% on revenue
approved 2020-03-17; registry 2020-08-03; journal 2020 636895
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A B ARCTIC AS. Revenue 171.6k NOK → 864.3k NOK (+403.7%). Equity -1.84m NOK → -1.62m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A B ARCTIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 171.6k NOK to 864.3k NOK (+403.7% YoY). Calculated
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↑
Equity strengthened
Book equity -1.84m NOK → -1.62m NOK (equity ratio -608.1% → -253.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 100.8k NOK → 50.5k NOK (-49.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.15m NOK → 1.27m NOK (673% → 147% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 83.4k NOK → 355.4k NOK (+326.0% YoY). Calculated