Org.nr 990 335 206 2018 → 2019 Year-over-year analysis

ACDN WORKS AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-08-24; registry 2020-08-31; journal 2020 718307

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACDN WORKS AS. Net result +33.5k NOK → +67.1k NOK. Equity 7.42m NOK → 5.51m NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACDN WORKS AS.

At a glance

Operating result

+21.2k NOK -17.5k NOK

-182.3%

Net result

+33.5k NOK +67.1k NOK

+100.2%

Equity

7.42m NOK 5.51m NOK

-25.7%

Cash

4.84m NOK 2.83m NOK

-41.5%

Total assets

7.90m NOK 6.14m NOK

-22.3%

↓
Operating result weakened

Operating result +21.2k NOK → -17.5k NOK. Calculated
↓
Equity eroded

Book equity 7.42m NOK → 5.51m NOK (equity ratio 93.9% → 89.8%). Calculated
↓
Cash fell

Bank deposits 4.84m NOK → 2.83m NOK (-41.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 573.4k NOK → 743 NOK. Reported fact