ACB AUTO-MEDIA AS: årsregnskap 2020 vs 2019
Grew 65% on revenue, weaker earnings
approved 2021-05-26; registry 2021-05-31; journal 2021 351791
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACB AUTO-MEDIA AS. Revenue 1.91m NOK → 3.14m NOK (+64.6%). Net result +26.7k NOK → +10.1k NOK. Equity 303.7k NOK → 313.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACB AUTO-MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.91m NOK to 3.14m NOK (+64.6% YoY). Calculated
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↑
Equity strengthened
Book equity 303.7k NOK → 313.8k NOK (equity ratio 57.2% → 47.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +42.7k NOK → +29.1k NOK (op. margin 2.2% → 0.9%). Calculated
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↓
Net result weakened
Net result +26.7k NOK → +10.1k NOK (net margin 1.4% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 77.3k NOK → 45.5k NOK (-41.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 209.3k NOK → 291.9k NOK (11% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.41m NOK → 2.50m NOK (+77.2% YoY). Calculated