ACUSTO AS: årsregnskap 2019 vs 2018
Grew 3076% on revenue, slipped into loss
approved 2020-06-25; registry 2020-10-06; journal 2020 915815
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACUSTO AS. Revenue 344.3k NOK → 10.93m NOK (+3076.0%). Net result +490.4k NOK → -126.9k NOK. Equity 7.03m NOK → 6.90m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACUSTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 344.3k NOK to 10.93m NOK (+3076.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.71m NOK → 4.57m NOK (1368% → 42% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +703.1k NOK → -98.9k NOK (op. margin 204.2% → -0.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 490.4k NOK profit to a loss of 126.9k NOK. Calculated
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↓
Equity eroded
Book equity 7.03m NOK → 6.90m NOK (equity ratio 51.6% → 59.7%). Calculated
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↓
Cash fell
Bank deposits 167.7k NOK → 152.0k NOK (-9.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.58m NOK → 5.26m NOK (+47.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.42m NOK → 3.57m NOK. Reported fact