ACCILLION AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-06-12; registry 2020-08-29; journal 2020 708151
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCILLION AS. Revenue 0 NOK → 3.59m NOK. Net result -93.5k NOK → +16.00m NOK. Equity 2.08m NOK → 8.76m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCILLION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 3.59m NOK. Calculated
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↑
Operating result improved
Operating result -1.24m NOK → +4.11m NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 93.5k NOK to a profit of 16.00m NOK. Calculated
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↑
Equity strengthened
Book equity 2.08m NOK → 8.76m NOK (equity ratio 23.1% → 74.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 1.11×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 108.3k NOK → 3 670 NOK (-96.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.59m NOK → 10.20m NOK. Reported fact