ACTIC NORGE AS: årsregnskap 2019 vs 2018
Grew 30% on revenue
approved 2020-07-01; registry 2020-08-10; journal 2020 661296
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIC NORGE AS. Revenue 119.49m NOK → 155.55m NOK (+30.2%). Equity 58.91m NOK → 47.19m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACTIC NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 119.49m NOK to 155.55m NOK (+30.2% YoY). Calculated
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↑
Cash rose
Bank deposits 1.19m NOK → 1.53m NOK (+28.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 58.91m NOK → 47.19m NOK (equity ratio 63.9% → 49.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.21× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 31.2k NOK → 2.09m NOK (+6574.2% YoY). Calculated