Org.nr 921 752 423 2019 → 2020 Year-over-year analysis

ACCELERATE INVEST AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2020-12-31; registry 2021-06-16; journal 2021 433822

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCELERATE INVEST AS. Net result +83.7k NOK → +2.48m NOK. Equity 4.11m NOK → 2.59m NOK.

On the constructive side: net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.

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

Scorecard

Operating result
-9 NOK -7 514 NOK
-83388.9%
Net result
+83.7k NOK +2.48m NOK
+2859.2%
Equity
4.11m NOK 2.59m NOK
-37.0%
Cash
254 NOK 1 043 NOK
+310.6%
Total assets
892.9k NOK 626.4k NOK
-29.8%

What improved

  • ↑

    Net result improved

    Net result +83.7k NOK → +2.48m NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.46× → 1.88×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -9 NOK → -7 514 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.11m NOK → 2.59m NOK (equity ratio 460.7% → 413.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 892.6k NOK → 625.4k NOK. Reported fact