FirmaIQ
Org.nr 983 747 825 2019 → 2020 Year-over-year analysis

ACCELERA AS: årsregnskap 2020 vs 2019

Grew 11% on revenue, stronger earnings, cash halved-plus

approved 2021-06-30; registry 2021-08-05; journal 2021 572408

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCELERA AS. Revenue 140.23m NOK → 155.08m NOK (+10.6%). Net result -6.80m NOK → -208.7k NOK. Equity 5.57m NOK → 5.31m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACCELERA AS.

At a glance

Scorecard

Revenue
140.23m NOK 155.08m NOK
+10.6%
Operating result
-538.7k NOK -337.9k NOK
+37.3%
Net result
-6.80m NOK -208.7k NOK
+96.9%
Equity
5.57m NOK 5.31m NOK
-4.7%
Cash
366.6k NOK 40.8k NOK
-88.9%
Total assets
5.67m NOK 5.34m NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 140.23m NOK to 155.08m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -538.7k NOK → -337.9k NOK (op. margin -0.4% → -0.2%). Calculated

  • ↑

    Net result improved

    Net result -6.80m NOK → -208.7k NOK (net margin -4.8% → -0.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.57m NOK → 5.31m NOK (equity ratio 98.3% → 99.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 366.6k NOK → 40.8k NOK (-88.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 128.94m NOK → 141.13m NOK (+9.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 000 NOK → 5.25m NOK. Reported fact