ACK ARKITEKTER AS: årsregnskap 2019 vs 2018
Grew 6% on revenue, slipped into loss
registry 2021-05-06; journal 2021 264195
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACK ARKITEKTER AS. Revenue 4.48m NOK → 4.74m NOK (+5.9%). Net result +398.7k NOK → -92.5k NOK. Equity 130.2k NOK → 37.7k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACK ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.48m NOK to 4.74m NOK (+5.9% YoY). Calculated
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↑
Cash rose
Bank deposits 315.7k NOK → 993.6k NOK (+214.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.08m NOK → 1.82m NOK (47% → 38% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +449.3k NOK → -29.3k NOK (op. margin 10.0% → -0.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 398.7k NOK profit to a loss of 92.5k NOK. Calculated
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↓
Equity eroded
Book equity 130.2k NOK → 37.7k NOK (equity ratio 5.4% → 2.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 95.1k NOK → 400.9k NOK (+321.5% YoY). Calculated