Org.nr 921 896 328 2018 → 2019 Year-over-year analysis

AXACTOR ASA: årsregnskap 2019 vs 2018

Grew 333% on revenue, stronger earnings

approved 2020-04-01; registry 2020-04-20; journal 2020 298912

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AXACTOR ASA. Revenue 1.74m NOK → 7.51m NOK (+332.8%). Net result +2.39m NOK → +16.33m NOK. Equity 280.5k NOK → 11.27m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AXACTOR ASA.

Scorecard

Revenue
1.74m NOK 7.51m NOK
+332.8%
Operating result
-2.90m NOK -5.09m NOK
-75.5%
Net result
+2.39m NOK +16.33m NOK
+583.1%
Equity
280.5k NOK 11.27m NOK
+3916.5%
Cash
23.14m NOK 14.80m NOK
-36.0%
Total assets
430.2k NOK 483.4k NOK
+12.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.74m NOK to 7.51m NOK (+332.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.39m NOK → +16.33m NOK (net margin 137.7% → 217.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 280.5k NOK → 11.27m NOK (equity ratio 65.2% → 2330.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 81.11m NOK → 81.34m NOK (+223.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.90m NOK → -5.09m NOK (op. margin -167.2% → -67.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 23.14m NOK → 14.80m NOK (-36.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 5 908 NOK (0% → 0% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 402.8k NOK → 437.8k NOK. Reported fact