AC DESIGN AS: årsregnskap 2019 vs 2018
Grew 272% on revenue, weaker earnings
approved 2020-04-14; registry 2020-04-22; journal 2020 302581
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AC DESIGN AS. Revenue 457.0k NOK → 1.70m NOK (+271.8%). Net result +177.4k NOK → +62.0k NOK. Equity 521.7k NOK → 583.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AC DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 457.0k NOK to 1.70m NOK (+271.8% YoY). Calculated
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↑
Equity strengthened
Book equity 521.7k NOK → 583.6k NOK (equity ratio 77.3% → 75.7%). Calculated
What deteriorated
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↓
Net result weakened
Net result +177.4k NOK → +62.0k NOK (net margin 38.8% → 3.6%). Calculated
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↓
Cash fell
Bank deposits 540.1k NOK → 506.2k NOK (-6.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 406.6k NOK → 552.4k NOK (89% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 454.7k NOK → 646.9k NOK (+42.3% YoY). Calculated