FirmaIQ
Org.nr 996 552 330 2018 → 2019 Year-over-year analysis

ACTECAN AS: årsregnskap 2019 vs 2018

Shrank 22% on revenue, weaker earnings

approved 2020-03-24; registry 2020-05-04; journal 2020 326432

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACTECAN AS. Revenue 5.03m NOK → 3.94m NOK (-21.7%). Net result +417.7k NOK → +265.2k NOK. Equity 937.9k NOK → 953.1k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.03m NOK 3.94m NOK
-21.7%
Operating result
+526.5k NOK +317.8k NOK
-39.6%
Net result
+417.7k NOK +265.2k NOK
-36.5%
Equity
937.9k NOK 953.1k NOK
+1.6%
Cash
1.77m NOK 1.62m NOK
-8.9%
Total assets
3.29m NOK 2.58m NOK
-21.5%

What improved

  • ↑

    Equity strengthened

    Book equity 937.9k NOK → 953.1k NOK (equity ratio 28.5% → 36.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.14m NOK → 2 NOK (82% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.03m NOK to 3.94m NOK (-21.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +526.5k NOK → +317.8k NOK (op. margin 10.5% → 8.1%). Calculated

  • ↓

    Net result weakened

    Net result +417.7k NOK → +265.2k NOK (net margin 8.3% → 6.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.77m NOK → 1.62m NOK (-8.9% YoY). Calculated