ACRYTEC AS: årsregnskap 2019 vs 2018
Grew 34% on revenue, slipped into loss, cash halved-plus
approved 2020-03-30; registry 2020-08-01; journal 2020 635435
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACRYTEC AS. Revenue 711.6k NOK → 957.0k NOK (+34.5%). Net result +208.1k NOK → -237.9k NOK. Equity 5.31m NOK → 69.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACRYTEC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 711.6k NOK to 957.0k NOK (+34.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +276.5k NOK → -238.8k NOK (op. margin 38.9% → -25.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 208.1k NOK profit to a loss of 237.9k NOK. Calculated
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↓
Equity eroded
Book equity 5.31m NOK → 69.9k NOK (equity ratio 1176.4% → 38.9%). Calculated
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↓
Cash fell
Bank deposits 389.7k NOK → 17.2k NOK (-95.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4 188 NOK → 550.9k NOK (1% → 58% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 956.5k NOK → 433.5k NOK (-54.7% YoY). Calculated