FirmaIQ
Org.nr 989 778 854 2018 → 2019 Year-over-year analysis

ACG AS: årsregnskap 2019 vs 2018

Shrank 20% on revenue, weaker earnings, cash halved-plus

approved 2020-06-30; registry 2020-07-13; journal 2020 566033

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACG AS. Revenue 15.52m NOK → 12.42m NOK (-20.0%). Net result +15.22m NOK → +12.10m NOK. Equity 123.15m NOK → 135.25m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACG AS.

At a glance

Scorecard

Revenue
15.52m NOK 12.42m NOK
-20.0%
Operating result
+15.29m NOK +12.12m NOK
-20.7%
Net result
+15.22m NOK +12.10m NOK
-20.5%
Equity
123.15m NOK 135.25m NOK
+9.8%
Cash
21.41m NOK 8.28m NOK
-61.3%
Total assets
123.29m NOK 135.47m NOK
+9.9%

What improved

  • ↑

    Equity strengthened

    Book equity 123.15m NOK → 135.25m NOK (equity ratio 99.9% → 99.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.52m NOK to 12.42m NOK (-20.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +15.29m NOK → +12.12m NOK (op. margin 98.5% → 97.6%). Calculated

  • ↓

    Net result weakened

    Net result +15.22m NOK → +12.10m NOK (net margin 98.1% → 97.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 21.41m NOK → 8.28m NOK (-61.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (21.41m NOK → 8.28m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 74.60m NOK → 88.23m NOK. Reported fact