FirmaIQ
Org.nr 967 222 003 2018 → 2019 Year-over-year analysis

ACTO AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-03-17; registry 2020-09-26; journal 2020 865459

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACTO AS. Revenue 36.0k NOK → 36.0k NOK (0.0%). Net result +854.8k NOK → +1 781 NOK. Equity 38.32m NOK → 36.10m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTO AS.

At a glance

Scorecard

Revenue
36.0k NOK 36.0k NOK
0.0%
Operating result
-176.8k NOK -175.3k NOK
+0.9%
Net result
+854.8k NOK +1 781 NOK
-99.8%
Equity
38.32m NOK 36.10m NOK
-5.8%
Cash
5.59m NOK 8.18m NOK
+46.4%
Total assets
38.89m NOK 40.25m NOK
+3.5%

What improved

  • ↑

    Operating result improved

    Operating result -176.8k NOK → -175.3k NOK (op. margin -491.0% → -486.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.59m NOK → 8.18m NOK (+46.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +854.8k NOK → +1 781 NOK (net margin 2374.4% → 4.9%). Calculated

  • ↓

    Equity eroded

    Book equity 38.32m NOK → 36.10m NOK (equity ratio 98.5% → 89.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 322 NOK → 51.4k NOK (1% → 143% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 813.0k NOK → 488.0k NOK. Reported fact