ACTIUM AS: årsregnskap 2019 vs 2018
Shrank 40% on revenue, weaker earnings
approved 2020-06-22; registry 2020-06-27; journal 2020 501361
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIUM AS. Revenue 642.8k NOK → 386.8k NOK (-39.8%). Net result -175.9k NOK → -383.1k NOK. Equity 933.0k NOK → 449.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 569.7k NOK → 2 NOK (89% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 642.8k NOK to 386.8k NOK (-39.8% YoY). Calculated
-
↓
Operating result weakened
Operating result -184.1k NOK → -384.4k NOK (op. margin -28.6% → -99.4%). Calculated
-
↓
Net result weakened
Net result -175.9k NOK → -383.1k NOK (net margin -27.4% → -99.0%). Calculated
-
↓
Equity eroded
Book equity 933.0k NOK → 449.9k NOK (equity ratio 86.3% → 79.9%). Calculated
-
↓
Cash fell
Bank deposits 1.07m NOK → 549.6k NOK (-48.4% YoY). Calculated