Org.nr 915 627 579 2019 → 2020 Year-over-year analysis

ACC TROMSØ AS: årsregnskap 2020 vs 2019

Grew 609% on revenue, stronger earnings

approved 2021-08-24; registry 2021-09-06; journal 2021 680617

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACC TROMSØ AS. Revenue 93.9k NOK → 665.5k NOK (+609.0%). Net result -82.7k NOK → -64.6k NOK. Equity 10 NOK → -303 NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACC TROMSØ AS.

Scorecard

Revenue
93.9k NOK 665.5k NOK
+609.0%
Operating result
-82.9k NOK -63.7k NOK
+23.2%
Net result
-82.7k NOK -64.6k NOK
+21.9%
Equity
10 NOK -303 NOK
-3130.0%
Cash
28.7k NOK 114.1k NOK
+297.6%
Total assets
411.8k NOK 362.0k NOK
-12.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 93.9k NOK to 665.5k NOK (+609.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -82.9k NOK → -63.7k NOK (op. margin -88.3% → -9.6%). Calculated

  • ↑

    Net result improved

    Net result -82.7k NOK → -64.6k NOK (net margin -88.1% → -9.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.7k NOK → 114.1k NOK (+297.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 NOK → 84.84bn NOK (0% → 12747941% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 46.4k NOK → 282.2k NOK (+508.8% YoY). Calculated