ACTUADE AS: årsregnskap 2019 vs 2018
Grew 17% on revenue, returned to profit
approved 2020-08-31; registry 2020-09-24; journal 2020 854674
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTUADE AS. Revenue 653.8k NOK → 765.2k NOK (+17.0%). Net result -10.5k NOK → +642.9k NOK. Equity 463.9k NOK → 896.3k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACTUADE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 653.8k NOK to 765.2k NOK (+17.0% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 10.5k NOK to a profit of 642.9k NOK. Calculated
-
↑
Equity strengthened
Book equity 463.9k NOK → 896.3k NOK (equity ratio 21.6% → 31.6%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 364.5k NOK → 373.7k NOK (+2.5% YoY). Calculated