ACCEPT ELEKTRO OG AUTOMASJON AS: årsregnskap 2020 vs 2019
Shrank 33% on revenue, weaker earnings
approved 2021-06-17; registry 2021-07-06; journal 2021 452307
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCEPT ELEKTRO OG AUTOMASJON AS. Revenue 591.6k NOK → 394.1k NOK (-33.4%). Net result +97.3k NOK → +69.6k NOK. Equity -1.04m NOK → -969.0k NOK.
On the constructive side: equity strengthened; cash rose. 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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↑
Equity strengthened
Book equity -1.04m NOK → -969.0k NOK (equity ratio -905.6% → -570.0%). Calculated
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↑
Cash rose
Bank deposits 5 036 NOK → 83.4k NOK (+1556.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 591.6k NOK to 394.1k NOK (-33.4% YoY). Calculated
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↓
Operating result weakened
Operating result +97.4k NOK → +84.3k NOK (op. margin 16.5% → 21.4%). Calculated
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↓
Net result weakened
Net result +97.3k NOK → +69.6k NOK (net margin 16.5% → 17.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.05× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 300.4k NOK (0% → 76% of revenue). Calculated