ACTIUM AS: årsregnskap 2020 vs 2019
Shrank 82% on revenue, stronger earnings, cash halved-plus
approved 2021-05-11; registry 2021-08-30; journal 2021 693970
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIUM AS. Revenue 386.8k NOK → 68.6k NOK (-82.3%). Net result -383.1k NOK → -150.5k NOK. Equity 449.9k NOK → 249.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -384.4k NOK → -160.3k NOK (op. margin -99.4% → -233.6%). Calculated
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↑
Net result improved
Net result -383.1k NOK → -150.5k NOK (net margin -99.0% → -219.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 386.8k NOK to 68.6k NOK (-82.3% YoY). Calculated
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↓
Equity eroded
Book equity 449.9k NOK → 249.4k NOK (equity ratio 79.9% → 89.5%). Calculated
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↓
Cash fell
Bank deposits 549.6k NOK → 268.0k NOK (-51.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 53.8k NOK (0% → 78% of revenue). Calculated