Org.nr 995 785 994 2018 → 2019 Year-over-year analysis

AKASO ELEKTRO AS: årsregnskap 2019 vs 2018

Grew 10% on revenue, stronger earnings, fresh owner capital

approved 2020-09-30; registry 2020-10-12; journal 2020 924640

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKASO ELEKTRO AS. Revenue 48.63m NOK → 53.69m NOK (+10.4%). Net result -6.25m NOK → -2.89m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKASO ELEKTRO AS.

At a glance

Revenue

48.63m NOK 53.69m NOK

+10.4%

Operating result

-7.88m NOK -3.66m NOK

+53.5%

Net result

-6.25m NOK -2.89m NOK

+53.8%

Cash

823.5k NOK 834.6k NOK

+1.4%

Total assets

12.90m NOK 12.60m NOK

-2.3%

↑
Revenue rose

Operating income / revenue moved from 48.63m NOK to 53.69m NOK (+10.4% YoY). Calculated
↑
Operating result improved

Operating result -7.88m NOK → -3.66m NOK (op. margin -16.2% → -6.8%). Calculated
↑
Net result improved

Net result -6.25m NOK → -2.89m NOK (net margin -12.9% → -5.4%). Calculated
↑
Cash rose

Bank deposits 823.5k NOK → 834.6k NOK (+1.4% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 252.0k NOK → 2.26m NOK (+2.00m NOK). Reported fact

·
COGS moved

COGS / varekostnad 28.38m NOK → 32.42m NOK (+14.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 139.4k NOK → 115.7k NOK. Reported fact