AK SKOG AS: årsregnskap 2019 vs 2018
Grew 1073% on revenue, fresh owner capital
approved 2020-08-25; registry 2020-09-05; journal 2020 749144
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK SKOG AS. Revenue 335.6k NOK → 3.94m NOK (+1072.6%). Net result +237.5k NOK → +221.7k NOK. Equity -47.9k NOK → 7.17m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AK SKOG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 335.6k NOK to 3.94m NOK (+1072.6% YoY). Calculated
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↑
Equity strengthened
Book equity -47.9k NOK → 7.17m NOK (equity ratio -4.2% → 567.9%). Calculated
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↑
Cash rose
Bank deposits 62.7k NOK → 122.0k NOK (+94.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 550 NOK → 1.00m NOK (+999.5k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +249.19m NOK → +313.3k NOK (op. margin 74243.4% → 8.0%). Calculated
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↓
Net result weakened
Net result +237.5k NOK → +221.7k NOK (net margin 70.8% → 5.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 23 NOK → 1.95m NOK (0% → 50% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 383.1k NOK → 449.5k NOK (+17.3% YoY). Calculated