AKARI GRUPPEN AS: årsregnskap 2019 vs 2018
Shrank 20% on revenue, weaker earnings
approved 2020-04-01; registry 2020-06-22; journal 2020 470546
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKARI GRUPPEN AS. Revenue 6.89m NOK → 5.49m NOK (-20.3%). Net result +573.3k NOK → +231.2k NOK. Equity 913.9k NOK → 332.7k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.78× → 1.01×. Calculated
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↑
Payroll decreased
Salary cost 2.99m NOK → 2.80m NOK (43% → 51% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.89m NOK to 5.49m NOK (-20.3% YoY). Calculated
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↓
Operating result weakened
Operating result +748.9k NOK → +298.4k NOK (op. margin 10.9% → 5.4%). Calculated
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↓
Net result weakened
Net result +573.3k NOK → +231.2k NOK (net margin 8.3% → 4.2%). Calculated
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↓
Equity eroded
Book equity 913.9k NOK → 332.7k NOK (equity ratio 42.5% → 15.0%). Calculated
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↓
Cash fell
Bank deposits 957.9k NOK → 730.0k NOK (-23.8% YoY). Calculated