ACOM ELEKTRO AS: årsregnskap 2019 vs 2018
Grew 497913% on revenue, stronger earnings, cash halved-plus
approved 2020-03-06; registry 2020-03-11; journal 2020 236338
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACOM ELEKTRO AS. Revenue 1 203 NOK → 5.99m NOK (+497912.8%). Net result +5 179 NOK → +5.50m NOK. Equity 673.5k NOK → 998.0k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACOM ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 203 NOK to 5.99m NOK (+497912.8% YoY). Calculated
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↑
Net result improved
Net result +5 179 NOK → +5.50m NOK (net margin 430.5% → 91.8%). Calculated
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↑
Equity strengthened
Book equity 673.5k NOK → 998.0k NOK (equity ratio 55.2% → 35.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +232.6k NOK → +55.3k NOK (op. margin 19335.5% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 826.2k NOK → 328.6k NOK (-60.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 417 NOK → 2.54m NOK (201% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 352.5k NOK → 811.0k NOK (+130.1% YoY). Calculated