AKA TELECOM AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-09-02; registry 2020-10-03; journal 2020 938892
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKA TELECOM AS. Revenue 902.9k NOK → 899.4k NOK (-0.4%). Net result -49.5k NOK → -39.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKA TELECOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -49.6k NOK → -39.9k NOK (op. margin -5.5% → -4.4%). Calculated
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↑
Net result improved
Net result -49.5k NOK → -39.9k NOK (net margin -5.5% → -4.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 902.9k NOK to 899.4k NOK (-0.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 82.5k NOK → 46.3k NOK (-43.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 4 NOK → 6867.38bn NOK (0% → 763575757% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 18.5k NOK → 0 NOK (-100.0% YoY). Calculated