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Org.nr 976 134 257 2018 → 2019 Year-over-year analysis

ACO NORWAY AS: årsregnskap 2019 vs 2018

Grew 10% on revenue

approved 2020-06-09; registry 2020-07-04; journal 2020 527335

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACO NORWAY AS. Revenue 271.77m NOK → 297.77m NOK (+9.6%). Net result +11.03m NOK → +10.11m NOK. Equity 25.02m NOK → 35.12m NOK.

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

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

At a glance

Scorecard

Revenue
271.77m NOK 297.77m NOK
+9.6%
Operating result
+13.56m NOK +11.46m NOK
-15.5%
Net result
+11.03m NOK +10.11m NOK
-8.4%
Equity
25.02m NOK 35.12m NOK
+40.4%
Cash
1.59m NOK 1.69m NOK
+6.6%
Total assets
125.56m NOK 107.91m NOK
-14.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 271.77m NOK to 297.77m NOK (+9.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 25.02m NOK → 35.12m NOK (equity ratio 19.9% → 32.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.59m NOK → 1.69m NOK (+6.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +13.56m NOK → +11.46m NOK (op. margin 5.0% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +11.03m NOK → +10.11m NOK (net margin 4.1% → 3.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12170694.87bn NOK → 12.19bn NOK (-100.0% YoY). Calculated