FirmaIQ
Org.nr 923 148 442 2018 → 2019 Year-over-year analysis

ACTE AS: årsregnskap 2019 vs 2018

Grew 18% on revenue, stronger earnings

approved 2019-06-20; registry 2019-07-03; journal 2019 585795

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACTE AS. Revenue 57.47m NOK → 68.00m NOK (+18.3%). Net result +1.44m NOK → +4.09m NOK. Equity 5.17m NOK → 6.41m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTE AS.

At a glance

Scorecard

Revenue
57.47m NOK 68.00m NOK
+18.3%
Operating result
+2.49m NOK +4.29m NOK
+72.3%
Net result
+1.44m NOK +4.09m NOK
+184.3%
Equity
5.17m NOK 6.41m NOK
+23.8%
Cash
1.70m NOK 2.99m NOK
+75.8%
Total assets
23.35m NOK 27.03m NOK
+15.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 57.47m NOK to 68.00m NOK (+18.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.49m NOK → +4.29m NOK (op. margin 4.3% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result +1.44m NOK → +4.09m NOK (net margin 2.5% → 6.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.17m NOK → 6.41m NOK (equity ratio 22.2% → 23.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.70m NOK → 2.99m NOK (+75.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.84m NOK → 9.56m NOK (15% → 14% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 39.77m NOK → 46.62m NOK (+17.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 823.7k NOK → 344.3k NOK. Reported fact