Org.nr 947 207 083 2018 → 2019 Year-over-year analysis

AKER SEIL AS: årsregnskap 2019 vs 2018

Shrank 29% on revenue

approved 2020-08-25; registry 2020-09-09; journal 2020 780184

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKER SEIL AS. Revenue 3.44m NOK → 2.45m NOK (-28.6%). Equity 7.67m NOK → 7.64m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

3.44m NOK 2.45m NOK

-28.6%

Operating result

-105.4k NOK -485.0k NOK

-360.1%

Net result

n/m -32.5k NOK

—

Equity

7.67m NOK 7.64m NOK

-0.4%

Cash

5.09m NOK 4.13m NOK

-18.8%

Total assets

8.28m NOK 8.16m NOK

-1.5%

↑
Payroll decreased

Salary cost 8.91m NOK → 8.65m NOK (259% → 353% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.44m NOK to 2.45m NOK (-28.6% YoY). Calculated
↓
Operating result weakened

Operating result -105.4k NOK → -485.0k NOK (op. margin -3.1% → -19.8%). Calculated
↓
Equity eroded

Book equity 7.67m NOK → 7.64m NOK (equity ratio 92.6% → 93.6%). Calculated
↓
Cash fell

Bank deposits 5.09m NOK → 4.13m NOK (-18.8% YoY). Calculated