AKE AS: årsregnskap 2019 vs 2018
Grew 4804% on revenue, returned to profit
approved 2020-08-25; registry 2020-09-09; journal 2020 780766
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKE AS. Revenue 4 836 NOK → 237.2k NOK (+4804.5%). Net result -34.7k NOK → +63.1k NOK. Equity 269.7k NOK → 332.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 836 NOK to 237.2k NOK (+4804.5% YoY). Calculated
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↑
Operating result improved
Operating result -34.7k NOK → +71.1k NOK (op. margin -717.8% → 30.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 34.7k NOK to a profit of 63.1k NOK. Calculated
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↑
Equity strengthened
Book equity 269.7k NOK → 332.8k NOK (equity ratio 100.0% → 81.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 116.5k NOK → 98.5k NOK (-15.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1 935 NOK → 146.9k NOK (+7490.3% YoY). Calculated