Org.nr 982 912 369 2018 → 2019 Year-over-year analysis

AKASIEN BEGRAVELSESBYRÅ AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, cash halved-plus

approved 2020-02-28; registry 2020-03-26; journal 2020 258796

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKASIEN BEGRAVELSESBYRÅ AS. Revenue 9.70m NOK → 12.2k NOK (-99.9%). Equity 1.40m NOK → 1.82m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AKASIEN BEGRAVELSESBYRÅ AS.

At a glance

Revenue

9.70m NOK 12.2k NOK

-99.9%

Operating result

n/m +574.7k NOK

—

Net result

n/m +420.8k NOK

—

Equity

1.40m NOK 1.82m NOK

+30.1%

Cash

1.21m NOK 1 347 NOK

-99.9%

Total assets

3.21m NOK 4.19m NOK

+30.7%

↑
Equity strengthened

Book equity 1.40m NOK → 1.82m NOK (equity ratio 43.5% → 43.4%). Calculated
↑
Payroll decreased

Salary cost 3.34m NOK → 3 253 NOK (34% → 27% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.70m NOK to 12.2k NOK (-99.9% YoY). Calculated
↓
Cash fell

Bank deposits 1.21m NOK → 1 347 NOK (-99.9% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.21m NOK → 1 347 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 3.97m NOK → 5 334 NOK (-99.9% YoY). Calculated