ACTION POTENTIAL AS: årsregnskap 2020 vs 2019
Shrank 16% on revenue, stronger earnings, cash halved-plus
approved 2021-05-11; registry 2021-05-19; journal 2021 299450
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTION POTENTIAL AS. Revenue 1.37m NOK → 1.14m NOK (-16.2%). Net result +65.8k NOK → +342.1k NOK. Equity 1.14m NOK → 1.48m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
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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↑
Operating result improved
Operating result +141.1k NOK → +376.0k NOK (op. margin 10.3% → 32.8%). Calculated
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Net result improved
Net result +65.8k NOK → +342.1k NOK (net margin 4.8% → 29.9%). Calculated
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↑
Equity strengthened
Book equity 1.14m NOK → 1.48m NOK (equity ratio 85.1% → 84.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.37m NOK to 1.14m NOK (-16.2% YoY). Calculated
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↓
Cash fell
Bank deposits 610.9k NOK → 151.2k NOK (-75.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.89× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 350.8k NOK → 312.8k NOK. Reported fact