Org.nr 994 268 090 2018 → 2019 Year-over-year analysis

AKASIE SPRÅKTJENESTER AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-02-10; registry 2020-05-14; journal 2020 359353

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKASIE SPRÅKTJENESTER AS. Revenue 2.80m NOK → 2.72m NOK (-2.7%). Net result +2 736 NOK → +24.0k NOK. Equity 412.3k NOK → 201.3k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKASIE SPRÅKTJENESTER AS.

Scorecard

Revenue
2.80m NOK 2.72m NOK
-2.7%
Operating result
+1 220 NOK +30.2k NOK
+2378.5%
Net result
+2 736 NOK +24.0k NOK
+777.3%
Equity
412.3k NOK 201.3k NOK
-51.2%
Cash
525.6k NOK 656.8k NOK
+25.0%
Total assets
861.9k NOK 848.6k NOK
-1.5%

What improved

  • ↑

    Operating result improved

    Operating result +1 220 NOK → +30.2k NOK (op. margin 0.0% → 1.1%). Calculated

  • ↑

    Net result improved

    Net result +2 736 NOK → +24.0k NOK (net margin 0.1% → 0.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 525.6k NOK → 656.8k NOK (+25.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.57m NOK → 1.38m NOK (56% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.80m NOK to 2.72m NOK (-2.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 412.3k NOK → 201.3k NOK (equity ratio 47.8% → 23.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.10m NOK → 178.3k NOK (-83.7% YoY). Calculated