ACCIPITER HOLDING AS: årsregnskap 2019 vs 2018
Shrank 74% on revenue, cash halved-plus
approved 2020-08-31; registry 2020-09-10; journal 2020 789602
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCIPITER HOLDING AS. Revenue 66.5k NOK → 17.2k NOK (-74.1%). Net result +7 660 NOK → +1 563 NOK. Equity 37.7k NOK → 39.3k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCIPITER HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 37.7k NOK → 39.3k NOK (equity ratio 76.1% → 13.0%). Calculated
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↑
Payroll decreased
Salary cost 7 385 NOK → 1 070 NOK (11% → 6% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 66.5k NOK to 17.2k NOK (-74.1% YoY). Calculated
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↓
Operating result weakened
Operating result +9 911 NOK → +2 000 NOK (op. margin 14.9% → 11.6%). Calculated
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↓
Net result weakened
Net result +7 660 NOK → +1 563 NOK (net margin 11.5% → 9.1%). Calculated
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↓
Cash fell
Bank deposits 24.5k NOK → 2 394 NOK (-90.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.07× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 25.0k NOK → 50.0k NOK. Reported fact