Org.nr 977 474 647 2018 → 2019 Year-over-year analysis

AKANTUS MOSJØEN AS: årsregnskap 2019 vs 2018

Grew 26% on revenue, stronger earnings

approved 2020-07-24; registry 2020-09-05; journal 2020 744344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKANTUS MOSJØEN AS. Revenue 3.93m NOK → 4.94m NOK (+25.6%). Net result +268.3k NOK → +354.4k NOK. Equity 493.9k NOK → 848.3k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKANTUS MOSJØEN AS.

Scorecard

Revenue
3.93m NOK 4.94m NOK
+25.6%
Operating result
n/m +812.0k NOK
—
Net result
+268.3k NOK +354.4k NOK
+32.1%
Equity
493.9k NOK 848.3k NOK
+71.7%
Cash
751.6k NOK 820.6k NOK
+9.2%
Total assets
6.67m NOK 10.51m NOK
+57.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.93m NOK to 4.94m NOK (+25.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +268.3k NOK → +354.4k NOK (net margin 6.8% → 7.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 493.9k NOK → 848.3k NOK (equity ratio 7.4% → 8.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 751.6k NOK → 820.6k NOK (+9.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.74× → 1.98×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.51m NOK → 1.78m NOK (38% → 36% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 76.6k NOK → 447.0k NOK (+483.5% YoY). Calculated