ACCENTURE SERVICES AS: årsregnskap 2021 vs 2020
Shrank 25% on revenue, weaker earnings
approved 2021-12-14; registry 2022-01-05; journal 2022 105366
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCENTURE SERVICES AS. Revenue 11.54m NOK → 8.68m NOK (-24.7%). Net result +689.7k NOK → +451.6k NOK. Equity 1.43m NOK → 1.88m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCENTURE SERVICES AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.43m NOK → 1.88m NOK (equity ratio 19.9% → 53.0%). Calculated
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↑
Payroll decreased
Salary cost 9.39m NOK → 7.67m NOK (81% → 88% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.54m NOK to 8.68m NOK (-24.7% YoY). Calculated
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↓
Operating result weakened
Operating result +940.7k NOK → +613.8k NOK (op. margin 8.2% → 7.1%). Calculated
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↓
Net result weakened
Net result +689.7k NOK → +451.6k NOK (net margin 6.0% → 5.2%). Calculated
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↓
Cash fell
Bank deposits 614.3k NOK → 557.6k NOK (-9.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 715.8k NOK → 184.1k NOK (-74.3% YoY). Calculated