FirmaIQ
Org.nr 971 050 756 2019 → 2020 Year-over-year analysis

ACCELLA SOLUTIONS AS: årsregnskap 2020 vs 2019

Grew 21% on revenue, weaker earnings

approved 2021-03-24; registry 2021-06-22; journal 2021 373908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCELLA SOLUTIONS AS. Revenue 40.58m NOK → 49.22m NOK (+21.3%). Net result +3.81m NOK → +1.36m NOK. Equity 15.99m NOK → 16.38m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCELLA SOLUTIONS AS.

At a glance

Scorecard

Revenue
40.58m NOK 49.22m NOK
+21.3%
Operating result
+3.88m NOK +1.47m NOK
-62.1%
Net result
+3.81m NOK +1.36m NOK
-64.4%
Equity
15.99m NOK 16.38m NOK
+2.5%
Cash
9.12m NOK 4.85m NOK
-46.8%
Total assets
28.33m NOK 42.34m NOK
+49.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.58m NOK to 49.22m NOK (+21.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 15.99m NOK → 16.38m NOK (equity ratio 56.4% → 38.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.88m NOK → +1.47m NOK (op. margin 9.6% → 3.0%). Calculated

  • ↓

    Net result weakened

    Net result +3.81m NOK → +1.36m NOK (net margin 9.4% → 2.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.12m NOK → 4.85m NOK (-46.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 20.80m NOK → 30.40m NOK (+46.1% YoY). Calculated