AKERSHUS REKLAME TEAM AS: årsregnskap 2019 vs 2018
Grew 40% on revenue, returned to profit
approved 2023-10-04; registry 2023-10-21; journal 2023 734961
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS REKLAME TEAM AS. Revenue 27.72m NOK → 38.80m NOK (+40.0%). Net result -415.8k NOK → +23.5k NOK. Equity -709.7k NOK → 313.8k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 27.72m NOK to 38.80m NOK (+40.0% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 415.8k NOK to a profit of 23.5k NOK. Calculated
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Equity strengthened
Book equity -709.7k NOK → 313.8k NOK (equity ratio -5.8% → 3.0%). Calculated
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Cash rose
Bank deposits 710.2k NOK → 1.72m NOK (+142.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.10×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +291.8k NOK → +58.9k NOK (op. margin 1.1% → 0.2%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 732.0k NOK → 600.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 13.48m NOK → 16.54m NOK (49% → 43% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.53m NOK → 12.41m NOK (+64.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 185.9k NOK → 275.9k NOK. Reported fact