ACON DIGITAL AS: årsregnskap 2019 vs 2018
Shrank 17% on revenue, weaker earnings
approved 2020-05-16; registry 2020-06-04; journal 2020 391996
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACON DIGITAL AS. Revenue 2.51m NOK → 2.09m NOK (-16.8%). Net result +554.9k NOK → +234.3k NOK. Equity 2.37m NOK → 2.61m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.51m NOK
2.09m NOK
-16.8%
Operating result
n/m
+163.9k NOK
—
Net result
+554.9k NOK
+234.3k NOK
-57.8%
Equity
2.37m NOK
2.61m NOK
+9.9%
Cash
681.8k NOK
476.8k NOK
-30.1%
Total assets
2.91m NOK
3.01m NOK
+3.2%
What improved
-
↑
Equity strengthened
Book equity 2.37m NOK → 2.61m NOK (equity ratio 81.5% → 86.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.51m NOK to 2.09m NOK (-16.8% YoY). Calculated
-
↓
Net result weakened
Net result +554.9k NOK → +234.3k NOK (net margin 22.1% → 11.2%). Calculated
-
↓
Cash fell
Bank deposits 681.8k NOK → 476.8k NOK (-30.1% YoY). Calculated