ACENTIO NORGE AS: årsregnskap 2019 vs 2018
Shrank 15% on revenue, stronger earnings
approved 2020-02-27; registry 2020-05-05; journal 2020 329564
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACENTIO NORGE AS. Revenue 13.62m NOK → 11.60m NOK (-14.9%). Net result +445.8k NOK → +553.9k NOK. Equity 3.77m NOK → 4.32m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACENTIO NORGE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +445.8k NOK → +553.9k NOK (net margin 3.3% → 4.8%). Calculated
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↑
Equity strengthened
Book equity 3.77m NOK → 4.32m NOK (equity ratio 73.1% → 70.9%). Calculated
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↑
Cash rose
Bank deposits 790.0k NOK → 794.0k NOK (+0.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 6.00m NOK → 5.57m NOK (44% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.62m NOK to 11.60m NOK (-14.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.75m NOK → 3.94m NOK (-31.4% YoY). Calculated