FirmaIQ
Org.nr 986 230 513 2019 → 2020 Year-over-year analysis

AC DESIGNTECH AS: årsregnskap 2020 vs 2019

Grew 137% on revenue, returned to profit

approved 2021-05-28; registry 2021-07-31; journal 2021 562057

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AC DESIGNTECH AS. Revenue 412.3k NOK → 976.3k NOK (+136.8%). Net result -196.3k NOK → +536.4k NOK. Equity 295.2k NOK → 831.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AC DESIGNTECH AS.

At a glance

Scorecard

Revenue
412.3k NOK 976.3k NOK
+136.8%
Operating result
-149.5k NOK +576.3k NOK
+485.5%
Net result
-196.3k NOK +536.4k NOK
+373.2%
Equity
295.2k NOK 831.5k NOK
+181.7%
Cash
268.5k NOK 833.6k NOK
+210.5%
Total assets
332.8k NOK 921.3k NOK
+176.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 412.3k NOK to 976.3k NOK (+136.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -149.5k NOK → +576.3k NOK (op. margin -36.3% → 59.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 196.3k NOK to a profit of 536.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 295.2k NOK → 831.5k NOK (equity ratio 88.7% → 90.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 268.5k NOK → 833.6k NOK (+210.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 500 NOK → 12.5k NOK. Reported fact