ACME ASSOCIATES AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, weaker earnings
approved 2020-06-19; registry 2020-06-29; journal 2020 509701
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACME ASSOCIATES AS. Revenue 1.03m NOK → 1.18m NOK (+14.7%). Net result +222.1k NOK → +130.6k NOK. Equity 5.07m NOK → 6.20m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACME ASSOCIATES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.03m NOK to 1.18m NOK (+14.7% YoY). Calculated
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↑
Operating result improved
Operating result +7 337 NOK → +48.3k NOK (op. margin 0.7% → 4.1%). Calculated
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↑
Equity strengthened
Book equity 5.07m NOK → 6.20m NOK (equity ratio 95.7% → 96.2%). Calculated
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↑
Cash rose
Bank deposits 299.3k NOK → 362.3k NOK (+21.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +222.1k NOK → +130.6k NOK (net margin 21.6% → 11.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 671.8k NOK → 826.2k NOK (65% → 70% of revenue). Calculated