Org.nr 998 020 964 2018 → 2019 Year-over-year analysis

AK NORGE WIC AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-06-30; registry 2020-07-18; journal 2020 588861

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AK NORGE WIC AS. Revenue 27.50m NOK → 28.83m NOK (+4.8%). Equity 33.14m NOK → 25.52m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AK NORGE WIC AS.

At a glance

Revenue

27.50m NOK 28.83m NOK

+4.8%

Operating result

n/m -2.03m NOK

—

Net result

n/m -7.61m NOK

—

Equity

33.14m NOK 25.52m NOK

-23.0%

Cash

733.4k NOK 744.1k NOK

+1.5%

Total assets

39.59m NOK 34.71m NOK

-12.3%

↑
Revenue rose

Operating income / revenue moved from 27.50m NOK to 28.83m NOK (+4.8% YoY). Calculated
↑
Cash rose

Bank deposits 733.4k NOK → 744.1k NOK (+1.5% YoY). Calculated

↓
Equity eroded

Book equity 33.14m NOK → 25.52m NOK (equity ratio 83.7% → 73.5%). Calculated

·
COGS moved

COGS / varekostnad 7.00m NOK → 7.52m NOK (+7.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 64.5k NOK → 122.0k NOK. Reported fact