Org.nr 922 021 791 2018 → 2019 Year-over-year analysis

AK1 ELEKTRO AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue

approved 2020-05-13; registry 2020-05-27; journal 2020 371765

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AK1 ELEKTRO AS. Revenue 10.5k NOK → 20 NOK (-99.8%). Equity 100.0k NOK → 679.8k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AK1 ELEKTRO AS.

Scorecard

Revenue
10.5k NOK 20 NOK
-99.8%
Equity
100.0k NOK 679.8k NOK
+579.8%
Cash
100.0k NOK 1.41m NOK
+1311.9%
Total assets
100.0k NOK 4.24m NOK
+4137.7%

What improved

  • ↑

    Equity strengthened

    Book equity 100.0k NOK → 679.8k NOK (equity ratio 100.0% → 16.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 100.0k NOK → 1.41m NOK (+1311.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.5k NOK to 20 NOK (-99.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 15 NOK → 9 494 NOK (0% → 47470% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 60 NOK → 8 355 NOK (+13825.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 500 NOK — check capital reduction, conversion, or reclassification. Interpretation