AKA SYSTEM INVEST AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-06-11; registry 2020-06-30; journal 2020 514885
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKA SYSTEM INVEST AS. Revenue 734.6k NOK → 727.1k NOK (-1.0%). Net result +142.7k NOK → +30.2k NOK. Equity 260.1k NOK → 290.3k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 260.1k NOK → 290.3k NOK (equity ratio 61.2% → 63.4%). Calculated
-
↑
Cash rose
Bank deposits 190.3k NOK → 322.8k NOK (+69.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 734.6k NOK to 727.1k NOK (-1.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +165.2k NOK → +7 853 NOK (op. margin 22.5% → 1.1%). Calculated
-
↓
Net result weakened
Net result +142.7k NOK → +30.2k NOK (net margin 19.4% → 4.2%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 10 NOK → 11.67m NOK (0% → 1605% of revenue). Calculated