ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2020 vs 2019
Shrank 23% on revenue, weaker earnings
approved 2020-12-31; registry 2021-09-25; journal 2021 806838
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCENDO PRODUKTUTVIKLING AS. Revenue 747.0k NOK → 574.2k NOK (-23.1%). Net result -463.1k NOK → -664.6k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.88m NOK → 3.29m NOK (+75.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.54m NOK → 2 NOK (474% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 747.0k NOK to 574.2k NOK (-23.1% YoY). Calculated
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↓
Operating result weakened
Operating result -475.7k NOK → -671.0k NOK (op. margin -63.7% → -116.9%). Calculated
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↓
Net result weakened
Net result -463.1k NOK → -664.6k NOK (net margin -62.0% → -115.8%). Calculated
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↓
COGS moved
COGS / varekostnad 48.9k NOK → 532.7k NOK (+989.0% YoY). Calculated