Org.nr 914 114 063 2019 → 2020 Year-over-year analysis

A. C. PERCHS THEHANDEL NORGE AS: årsregnskap 2020 vs 2019

Grew 17% on revenue, cash halved-plus

approved 2020-08-27; registry 2020-09-12; journal 2020 795617

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. C. PERCHS THEHANDEL NORGE AS. Revenue 5.93m NOK → 6.96m NOK (+17.5%). Equity 686.8k NOK → 1.41m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. C. PERCHS THEHANDEL NORGE AS.

At a glance

Revenue

5.93m NOK 6.96m NOK

+17.5%

Operating result

n/m +898.7k NOK

—

Net result

n/m +719.5k NOK

—

Equity

686.8k NOK 1.41m NOK

+104.8%

Cash

817.9k NOK 183.8k NOK

-77.5%

Total assets

2.43m NOK 2.72m NOK

+11.7%

↑
Revenue rose

Operating income / revenue moved from 5.93m NOK to 6.96m NOK (+17.5% YoY). Calculated
↑
Equity strengthened

Book equity 686.8k NOK → 1.41m NOK (equity ratio 28.2% → 51.7%). Calculated
↑
Current ratio back above 1×

Current ratio 0.22× → 1.40×. Calculated
↑
Payroll decreased

Salary cost 2.02m NOK → 1.99m NOK (34% → 29% of revenue). Calculated