ACKS AS: årsregnskap 2019 vs 2018
Shrank 20% on revenue, returned to profit
approved 2020-06-30; registry 2020-07-21; journal 2020 613799
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACKS AS. Revenue 47.4k NOK → 38.0k NOK (-19.9%). Net result -41.2k NOK → +572.6k NOK. Equity 24.0k NOK → 4.60m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACKS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -41.2k NOK → +26.5k NOK (op. margin -86.9% → 69.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 41.2k NOK to a profit of 572.6k NOK. Calculated
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↑
Equity strengthened
Book equity 24.0k NOK → 4.60m NOK (equity ratio 22.3% → 674.7%). Calculated
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↑
Cash rose
Bank deposits 7 965 NOK → 419.3k NOK (+5163.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 47.4k NOK to 38.0k NOK (-19.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 96.0k NOK → 12.0k NOK. Reported fact