FirmaIQ
Org.nr 981 876 962 2019 → 2020 Year-over-year analysis

A-CIRCLE AS: årsregnskap 2020 vs 2019

Shrank 26% on revenue, stronger earnings

approved 2021-04-29; registry 2021-06-01; journal 2021 251364

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-CIRCLE AS. Revenue 8.06m NOK → 5.96m NOK (-26.1%). Net result +85.8k NOK → +255.4k NOK. Equity 261.2k NOK → 786.6k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-CIRCLE AS.

At a glance

Scorecard

Revenue
8.06m NOK 5.96m NOK
-26.1%
Operating result
+1 447 NOK +529.5k NOK
+36490.6%
Net result
+85.8k NOK +255.4k NOK
+197.6%
Equity
261.2k NOK 786.6k NOK
+201.1%
Cash
1.51m NOK 2.44m NOK
+61.1%
Total assets
4.33m NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result +1 447 NOK → +529.5k NOK (op. margin 0.0% → 8.9%). Calculated

  • ↑

    Net result improved

    Net result +85.8k NOK → +255.4k NOK (net margin 1.1% → 4.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 261.2k NOK → 786.6k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1.51m NOK → 2.44m NOK (+61.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.28m NOK → 3.08m NOK (41% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.06m NOK to 5.96m NOK (-26.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 299.3k NOK → 855.5k NOK (+185.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 75.2k NOK → 1 NOK. Reported fact