FirmaIQ
Org.nr 968 833 073 2018 → 2019 Year-over-year analysis

ACRYLICON NORD-NORGE AS: årsregnskap 2019 vs 2018

Grew 9% on revenue, weaker earnings, cash halved-plus

approved 2020-05-19; registry 2020-09-12; journal 2020 791450

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACRYLICON NORD-NORGE AS. Revenue 35.04m NOK → 38.31m NOK (+9.3%). Net result +602.4k NOK → +30.8k NOK. Equity 3.75m NOK → 5.03m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.

At a glance

Scorecard

Revenue
35.04m NOK 38.31m NOK
+9.3%
Operating result
+870.3k NOK +2 587 NOK
-99.7%
Net result
+602.4k NOK +30.8k NOK
-94.9%
Equity
3.75m NOK 5.03m NOK
+34.2%
Cash
2.43m NOK 1.08m NOK
-55.5%
Total assets
13.46m NOK 12.77m NOK
-5.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.04m NOK to 38.31m NOK (+9.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.75m NOK → 5.03m NOK (equity ratio 27.8% → 39.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 1.43×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +870.3k NOK → +2 587 NOK (op. margin 2.5% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +602.4k NOK → +30.8k NOK (net margin 1.7% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.43m NOK → 1.08m NOK (-55.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.78m NOK → 12.33m NOK (34% → 32% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.53m NOK → 15.41m NOK (+6.0% YoY). Calculated