Org.nr 997 657 020 2018 → 2019 Year-over-year analysis

ACO NORDIC AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue

approved 2020-05-04; registry 2020-07-04; journal 2020 527625

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACO NORDIC AS. Revenue 26.03m NOK → 23.19m NOK (-10.9%). Equity 4.69m NOK → 3.85m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACO NORDIC AS.

At a glance

Revenue

26.03m NOK 23.19m NOK

-10.9%

Operating result

n/m -3.61m NOK

—

Net result

n/m -3.01m NOK

—

Equity

4.69m NOK 3.85m NOK

-17.8%

Cash

499.3k NOK 301.9k NOK

-39.5%

Total assets

13.34m NOK 11.71m NOK

-12.3%

↑
Owners injected capital

Paid-in equity rose 19.10m NOK → 21.28m NOK (+2.18m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 26.03m NOK to 23.19m NOK (-10.9% YoY). Calculated
↓
Equity eroded

Book equity 4.69m NOK → 3.85m NOK (equity ratio 35.1% → 32.9%). Calculated
↓
Cash fell

Bank deposits 499.3k NOK → 301.9k NOK (-39.5% YoY). Calculated