Org.nr 964 854 173 2018 → 2019 Year-over-year analysis

ACUSTUS SVEIS AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-06-25; registry 2020-07-13; journal 2020 566393

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACUSTUS SVEIS AS. Revenue 25.65m NOK → 25.55m NOK (-0.4%). Equity 4.90m NOK → 4.17m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ACUSTUS SVEIS AS.

At a glance

Revenue

25.65m NOK 25.55m NOK

-0.4%

Operating result

+4.42m NOK +2.35m NOK

-46.8%

Net result

n/m +1.67m NOK

—

Equity

4.90m NOK 4.17m NOK

-14.9%

Cash

2.58m NOK 687.8k NOK

-73.3%

Total assets

16.98m NOK 16.48m NOK

-2.9%

↓
Revenue fell

Operating income / revenue moved from 25.65m NOK to 25.55m NOK (-0.4% YoY). Calculated
↓
Operating result weakened

Operating result +4.42m NOK → +2.35m NOK (op. margin 17.2% → 9.2%). Calculated
↓
Equity eroded

Book equity 4.90m NOK → 4.17m NOK (equity ratio 28.8% → 25.3%). Calculated
↓
Cash fell

Bank deposits 2.58m NOK → 687.8k NOK (-73.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 12.07m NOK → 12.90m NOK (47% → 51% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.58m NOK → 687.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 4.32m NOK → 3.66m NOK (-15.4% YoY). Calculated