ACTICON AS: årsregnskap 2019 vs 2018
Shrank 23% on revenue, stronger earnings
approved 2020-05-14; registry 2020-06-04; journal 2020 389206
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTICON AS. Revenue 810.9k NOK → 625.9k NOK (-22.8%). Net result +5 NOK → +120.5k NOK. Equity 927.9k NOK → 807.4k NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +5 NOK → +120.5k NOK (net margin 0.0% → 19.2%). Calculated
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↑
Cash rose
Bank deposits 471.3k NOK → 719.5k NOK (+52.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 336.8k NOK → 323.0k NOK (42% → 52% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 810.9k NOK to 625.9k NOK (-22.8% YoY). Calculated
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↓
Equity eroded
Book equity 927.9k NOK → 807.4k NOK (equity ratio 78.1% → 91.5%). Calculated