AKEA AS: årsregnskap 2019 vs 2018
Shrank 15% on revenue, weaker earnings
approved 2020-06-16; registry 2020-06-23; journal 2020 478839
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKEA AS. Revenue 50.6k NOK → 43.1k NOK (-14.8%). Net result +45.1k NOK → +30.7k NOK. Equity 64.7k NOK → 95.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 64.7k NOK → 95.4k NOK (equity ratio 73.8% → 91.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 50.6k NOK to 43.1k NOK (-14.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +45.1k NOK → +39.4k NOK (op. margin 89.0% → 91.3%). Calculated
-
↓
Net result weakened
Net result +45.1k NOK → +30.7k NOK (net margin 89.0% → 71.2%). Calculated
-
↓
Cash fell
Bank deposits 118.2k NOK → 73.9k NOK (-37.5% YoY). Calculated