AKASIA GRAVSTELL AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-04-28; registry 2020-09-28; journal 2020 866911
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKASIA GRAVSTELL AS. Revenue 51.24m NOK → 51.96m NOK (+1.4%). Net result +163.4k NOK → -2.36m NOK. Equity 202.3k NOK → -2.16m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASIA GRAVSTELL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 51.24m NOK to 51.96m NOK (+1.4% YoY). Calculated
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↑
Cash rose
Bank deposits 1.80m NOK → 7.15m NOK (+298.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -488.0k NOK → -3.72m NOK (op. margin -1.0% → -7.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 163.4k NOK profit to a loss of 2.36m NOK. Calculated
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↓
Equity eroded
Book equity 202.3k NOK → -2.16m NOK (equity ratio 0.5% → -5.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 16.20m NOK → 16.17m NOK (-0.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 24.69m NOK → 24.77m NOK. Reported fact