FirmaIQ
Org.nr 984 619 200 2019 → 2020 Year-over-year analysis

ACCELERATOR AS: årsregnskap 2020 vs 2019

Grew 14% on revenue, stronger earnings

approved 2021-06-03; registry 2021-07-07; journal 2021 458753

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCELERATOR AS. Revenue 63.70m NOK → 72.40m NOK (+13.7%). Net result +420.0k NOK → +1.25m NOK. Equity 1.88m NOK → 2.56m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCELERATOR AS.

At a glance

Scorecard

Revenue
63.70m NOK 72.40m NOK
+13.7%
Operating result
+8 589 NOK +456.5k NOK
+5215.0%
Net result
+420.0k NOK +1.25m NOK
+196.6%
Equity
1.88m NOK 2.56m NOK
+36.5%
Cash
2.92m NOK 3.19m NOK
+9.1%
Total assets
12.20m NOK 13.16m NOK
+7.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 63.70m NOK to 72.40m NOK (+13.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 589 NOK → +456.5k NOK (op. margin 0.0% → 0.6%). Calculated

  • ↑

    Net result improved

    Net result +420.0k NOK → +1.25m NOK (net margin 0.7% → 1.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.88m NOK → 2.56m NOK (equity ratio 15.4% → 19.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.92m NOK → 3.19m NOK (+9.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.60m NOK → 15.22m NOK (23% → 21% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 37.85m NOK → 43.89m NOK (+16.0% YoY). Calculated