ACTION BEAUTY AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-08-20; registry 2020-09-03; journal 2020 741480
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTION BEAUTY AS. Revenue 816.5k NOK → 799.9k NOK (-2.0%). Net result -31.2k NOK → +69.4k NOK. Equity 115.9k NOK → 46.5k NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 31.2k NOK to a profit of 69.4k NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 816.5k NOK to 799.9k NOK (-2.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -40.1k NOK → -88.9k NOK (op. margin -4.9% → -11.1%). Calculated
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↓
Equity eroded
Book equity 115.9k NOK → 46.5k NOK (equity ratio 49.2% → 37.9%). Calculated
-
↓
Cash fell
Bank deposits 123.0k NOK → 28.5k NOK (-76.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 465.3k NOK → 471.0k NOK (57% → 59% of revenue). Calculated