AKART AS: årsregnskap 2019 vs 2018
Shrank 82% on revenue, weaker earnings, cash halved-plus
approved 2020-05-22; registry 2020-06-06; journal 2020 396649
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKART AS. Revenue 394.5k NOK → 71.1k NOK (-82.0%). Net result +280.2k NOK → +36.0k NOK. Equity 31.8k NOK → 67.8k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
394.5k NOK
71.1k NOK
-82.0%
Operating result
n/m
+44.2k NOK
—
Net result
+280.2k NOK
+36.0k NOK
-87.2%
Equity
31.8k NOK
67.8k NOK
+113.2%
Cash
350.5k NOK
106.9k NOK
-69.5%
Total assets
505.7k NOK
106.9k NOK
-78.9%
What improved
-
↑
Equity strengthened
Book equity 31.8k NOK → 67.8k NOK (equity ratio 6.3% → 63.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 394.5k NOK to 71.1k NOK (-82.0% YoY). Calculated
-
↓
Net result weakened
Net result +280.2k NOK → +36.0k NOK (net margin 71.0% → 50.6%). Calculated
-
↓
Cash fell
Bank deposits 350.5k NOK → 106.9k NOK (-69.5% YoY). Calculated