FirmaIQ
Org.nr 992 102 888 2019 → 2020 Year-over-year analysis

ACCENDIA AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-30; registry 2021-06-03; journal 2021 383194

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCENDIA AS. Revenue 4 832 NOK → 4 698 NOK (-2.8%). Net result -23.7k NOK → -54.3k NOK. Equity -848.1k NOK → -902.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCENDIA AS.

At a glance

Scorecard

Revenue
4 832 NOK 4 698 NOK
-2.8%
Operating result
+4 832 NOK +4 698 NOK
-2.8%
Net result
-23.7k NOK -54.3k NOK
-128.7%
Equity
-848.1k NOK -902.4k NOK
-6.4%
Cash
12.1k NOK 15.3k NOK
+26.1%
Total assets
2.02m NOK 2.02m NOK
-0.1%

What improved

  • ↑

    Cash rose

    Bank deposits 12.1k NOK → 15.3k NOK (+26.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4 832 NOK to 4 698 NOK (-2.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4 832 NOK → +4 698 NOK (op. margin 100.0% → 100.0%). Calculated

  • ↓

    Net result weakened

    Net result -23.7k NOK → -54.3k NOK (net margin -491.2% → -1155.2%). Calculated

  • ↓

    Equity eroded

    Book equity -848.1k NOK → -902.4k NOK (equity ratio -42.0% → -44.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -44.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation