FirmaIQ
Org.nr 916 163 118 2018 → 2019 Year-over-year analysis

ACTINIUM CAPITAL AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-31; registry 2020-10-15; journal 2020 944078

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACTINIUM CAPITAL AS. Revenue 0 NOK → 250.4k NOK. Net result -246.6k NOK → -234.9k NOK. Equity -487.5k NOK → -722.4k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTINIUM CAPITAL AS.

At a glance

Scorecard

Revenue
0 NOK 250.4k NOK
—
Operating result
-1.19m NOK +242.9k NOK
+120.5%
Net result
-246.6k NOK -234.9k NOK
+4.8%
Equity
-487.5k NOK -722.4k NOK
-48.2%
Cash
754 NOK 5 012 NOK
+564.7%
Total assets
7.38m NOK 5.21m NOK
-29.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 250.4k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -1.19m NOK → +242.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 754 NOK → 5 012 NOK (+564.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -487.5k NOK → -722.4k NOK (equity ratio -6.6% → -13.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation