AKASIEN HOLDING AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, stronger earnings
approved 2020-03-27; registry 2020-04-02; journal 2020 270713
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKASIEN HOLDING AS. Revenue 29.26m NOK → 26.82m NOK (-8.3%). Net result +1.66m NOK → +16.80m NOK. Equity 8.55m NOK → 18.95m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASIEN HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.66m NOK → +16.80m NOK (net margin 5.7% → 62.6%). Calculated
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Equity strengthened
Book equity 8.55m NOK → 18.95m NOK (equity ratio 50.1% → 80.2%). Calculated
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Cash rose
Bank deposits 4.78m NOK → 16.77m NOK (+250.5% YoY). Calculated
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Payroll decreased
Salary cost 8.80m NOK → 1.55m NOK (30% → 6% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 29.26m NOK to 26.82m NOK (-8.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 2.23m NOK → 2.15m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 11.77m NOK → 312.6k NOK (-97.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 900.9k NOK → 900 NOK. Reported fact