AQUALIS ASA: årsregnskap 2019 vs 2018
Grew 33% on revenue
approved 2020-06-10; registry 2020-11-05; journal 2020 965669
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AQUALIS ASA. Revenue 2.12m NOK → 2.82m NOK (+33.1%). Net result +7.71m NOK → +9.04m NOK. Equity 9.25m NOK → 340.4k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AQUALIS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.12m NOK to 2.82m NOK (+33.1% YoY). Calculated
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↑
Net result improved
Net result +7.71m NOK → +9.04m NOK (net margin 363.9% → 320.6%). Calculated
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↑
Cash rose
Bank deposits 15.47m NOK → 24.19m NOK (+56.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 9.25m NOK → 340.4k NOK (equity ratio 3.7% → 91.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 43.93m NOK → 340.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 235.1k NOK → 345.0k NOK. Reported fact