ACTION POTENTIAL AS: årsregnskap 2019 vs 2018
Grew 655% on revenue, weaker earnings
approved 2020-04-22; registry 2020-04-27; journal 2020 313379
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTION POTENTIAL AS. Revenue 180.8k NOK → 1.37m NOK (+655.3%). Net result +135.2k NOK → +65.8k NOK. Equity 1.23m NOK → 1.14m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTION POTENTIAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 180.8k NOK to 1.37m NOK (+655.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +135.2k NOK → +65.8k NOK (net margin 74.8% → 4.8%). Calculated
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↓
Equity eroded
Book equity 1.23m NOK → 1.14m NOK (equity ratio 93.9% → 85.1%). Calculated
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↓
Cash fell
Bank deposits 630.8k NOK → 610.9k NOK (-3.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 538.4k NOK → 350.8k NOK. Reported fact