Org.nr 981 097 084 2018 → 2019 Year-over-year analysis

ACANTHUS UTVIKLING AS: årsregnskap 2019 vs 2018

Shrank 24% on revenue

approved 2020-03-09; registry 2020-03-12; journal 2020 238285

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACANTHUS UTVIKLING AS. Revenue 15.78m NOK → 11.94m NOK (-24.4%). Equity 63.45m NOK → 65.43m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

Mixed year — gains and pressures both show up.

At a glance

Revenue

15.78m NOK 11.94m NOK

-24.4%

Operating result

+10.35m NOK +6.64m NOK

-35.9%

Net result

n/m +6.99m NOK

—

Equity

63.45m NOK 65.43m NOK

+3.1%

Cash

9.90m NOK 10.66m NOK

+7.7%

Total assets

77.46m NOK 81.10m NOK

+4.7%

↑
Equity strengthened

Book equity 63.45m NOK → 65.43m NOK (equity ratio 81.9% → 80.7%). Calculated
↑
Cash rose

Bank deposits 9.90m NOK → 10.66m NOK (+7.7% YoY). Calculated
↑
Payroll decreased

Salary cost 1.37m NOK → 743.1k NOK (9% → 6% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 15.78m NOK to 11.94m NOK (-24.4% YoY). Calculated
↓
Operating result weakened

Operating result +10.35m NOK → +6.64m NOK (op. margin 65.6% → 55.6%). Calculated