Org.nr 913 412 621 2018 → 2019 Year-over-year analysis

AKBLIKK AS: årsregnskap 2019 vs 2018

Shrank 7% on revenue, cash halved-plus

approved 2020-06-26; registry 2020-09-26; journal 2020 859059

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKBLIKK AS. Revenue 5.68m NOK → 5.31m NOK (-6.5%). Equity 1.45m NOK → 1.56m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

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

At a glance

Revenue

5.68m NOK 5.31m NOK

-6.5%

Operating result

+481.5k NOK +227.3k NOK

-52.8%

Net result

n/m +197.6k NOK

—

Equity

1.45m NOK 1.56m NOK

+7.9%

Cash

877.6k NOK 45.7k NOK

-94.8%

Total assets

2.47m NOK 2.86m NOK

+15.7%

↑
Equity strengthened

Book equity 1.45m NOK → 1.56m NOK (equity ratio 58.7% → 54.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.68m NOK to 5.31m NOK (-6.5% YoY). Calculated
↓
Operating result weakened

Operating result +481.5k NOK → +227.3k NOK (op. margin 8.5% → 4.3%). Calculated
↓
Cash fell

Bank deposits 877.6k NOK → 45.7k NOK (-94.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.68m NOK → 2.83m NOK (47% → 53% of revenue). Calculated