Org.nr 912 825 760 2019 → 2020 Year-over-year analysis

6AM ACCELERATOR AS: årsregnskap 2020 vs 2019

Shrank 26% on revenue, returned to profit

approved 2021-05-19; registry 2021-07-01; journal 2021 434904

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 6AM ACCELERATOR AS. Revenue 8.24m NOK → 6.09m NOK (-26.1%). Net result -1.01m NOK → +552.6k NOK. Equity 3.85m NOK → 4.41m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 6AM ACCELERATOR AS.

Scorecard

Revenue
8.24m NOK 6.09m NOK
-26.1%
Operating result
-1.10m NOK +452.6k NOK
+141.2%
Net result
-1.01m NOK +552.6k NOK
+154.7%
Equity
3.85m NOK 4.41m NOK
+14.3%
Cash
10.33m NOK 9.98m NOK
-3.3%
Total assets
28.55m NOK 26.85m NOK
-6.0%

What improved

  • ↑

    Operating result improved

    Operating result -1.10m NOK → +452.6k NOK (op. margin -13.3% → 7.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.01m NOK to a profit of 552.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.85m NOK → 4.41m NOK (equity ratio 13.5% → 16.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.24m NOK to 6.09m NOK (-26.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 10.33m NOK → 9.98m NOK (-3.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.49m NOK → 14.99m NOK. Reported fact