ACTIWEIGHT LABS AS: årsregnskap 2019 vs 2018
Shrank 81% on revenue, returned to profit
approved 2020-08-07; registry 2020-08-22; journal 2020 688856
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIWEIGHT LABS AS. Revenue 368.5k NOK → 71.0k NOK (-80.7%). Net result -546.6k NOK → +365.6k NOK. Equity -1.18m NOK → -809.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -533.6k NOK → +13.4k NOK (op. margin -144.8% → 18.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 546.6k NOK to a profit of 365.6k NOK. Calculated
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↑
Equity strengthened
Book equity -1.18m NOK → -809.9k NOK (equity ratio -663.4% → -86.0%). Calculated
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↑
Cash rose
Bank deposits 55.1k NOK → 115.1k NOK (+108.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.90m NOK → 57.6k NOK (516% → 81% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 368.5k NOK to 71.0k NOK (-80.7% YoY). Calculated