ACCENDIA AS: årsregnskap 2019 vs 2018
Shrank 12% on revenue, stronger earnings
approved 2020-03-30; registry 2020-09-02; journal 2020 781942
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCENDIA AS. Revenue 5 486 NOK → 4 832 NOK (-11.9%). Net result -46.9k NOK → -23.7k NOK. Equity -824.4k NOK → -848.1k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCENDIA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +2 745 NOK → +4 832 NOK (op. margin 50.0% → 100.0%). Calculated
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↑
Net result improved
Net result -46.9k NOK → -23.7k NOK (net margin -855.8% → -491.2%). Calculated
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Cash rose
Bank deposits 8 954 NOK → 12.1k NOK (+35.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5 486 NOK to 4 832 NOK (-11.9% YoY). Calculated
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↓
Equity eroded
Book equity -824.4k NOK → -848.1k NOK (equity ratio -5922.1% → -42.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 2.00m NOK. Reported fact