PEXIP HOLDING ASA: årsregnskap 2019 vs 2018
Grew 617% on revenue, slipped into loss, fresh owner capital
approved 2020-03-20; registry 2020-03-30; journal 2020 266729
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for PEXIP HOLDING ASA. Revenue 51.6k NOK → 370.0k NOK (+617.0%). Net result +7.19m NOK → -185.3k NOK. Equity 864.54m NOK → 877.18m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for PEXIP HOLDING ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 51.6k NOK to 370.0k NOK (+617.0% YoY). Calculated
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Equity strengthened
Book equity 864.54m NOK → 877.18m NOK (equity ratio 84.5% → 84.7%). Calculated
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Cash rose
Bank deposits 13.0k NOK → 3.50m NOK (+26843.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 857 NOK → 861.27m NOK (+861.27m NOK). Reported fact
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Payroll decreased
Salary cost 24190234000.12bn NOK → 23 NOK (46883932863243888% → 0% of revenue). Calculated
What deteriorated
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Fell into a net loss
Net result flipped from 7.19m NOK profit to a loss of 185.3k NOK. Calculated
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Current ratio dropped below 1×
Current ratio 17598.40× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 7.66m NOK → 18.78m NOK (+145.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 30.0k NOK → 1.03bn NOK. Reported fact