ACORN DESIGN AS: årsregnskap 2018 vs 2017
Grew 47% on revenue, returned to profit
approved 2019-06-04; registry 2019-07-02; journal 2019 581969
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACORN DESIGN AS. Revenue 1.70m NOK → 2.49m NOK (+46.5%). Net result -126.5k NOK → +82.5k NOK. Equity 256.9k NOK → 339.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACORN DESIGN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.70m NOK to 2.49m NOK (+46.5% YoY). Calculated
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Operating result improved
Operating result -120.7k NOK → +95.6k NOK (op. margin -7.1% → 3.8%). Calculated
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Turned profitable
Net result flipped from a loss of 126.5k NOK to a profit of 82.5k NOK. Calculated
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Equity strengthened
Book equity 256.9k NOK → 339.4k NOK (equity ratio 51.0% → 53.7%). Calculated
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Cash rose
Bank deposits 182.3k NOK → 322.1k NOK (+76.7% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 37.0k NOK → 69.0k NOK. Reported fact