Org.nr 913 243 978 2019 → 2020 Year-over-year analysis

ACCELER8. AS: årsregnskap 2020 vs 2019

Grew 41% on revenue, stronger earnings, cash halved-plus

approved 2021-06-01; registry 2021-06-21; journal 2021 452715

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCELER8. AS. Revenue 3.36m NOK → 4.74m NOK (+41.1%). Net result +270.9k NOK → +588.1k NOK. Equity 59.2k NOK → 1.05m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.36m NOK 4.74m NOK
+41.1%
Operating result
+348.1k NOK +37.4k NOK
-89.3%
Net result
+270.9k NOK +588.1k NOK
+117.1%
Equity
59.2k NOK 1.05m NOK
+1680.0%
Cash
254.8k NOK 14.6k NOK
-94.3%
Total assets
428.0k NOK 3.67m NOK
+758.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.36m NOK to 4.74m NOK (+41.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +270.9k NOK → +588.1k NOK (net margin 8.1% → 12.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 59.2k NOK → 1.05m NOK (equity ratio 13.8% → 28.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.38m NOK → 1.36m NOK (41% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +348.1k NOK → +37.4k NOK (op. margin 10.4% → 0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 254.8k NOK → 14.6k NOK (-94.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.18× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated