ACCESS INNOVATION AS: årsregnskap 2020 vs 2019
Shrank 93% on revenue, stronger earnings
approved 2021-06-30; registry 2021-07-05; journal 2021 520992
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCESS INNOVATION AS. Revenue 984.4k NOK → 69.5k NOK (-92.9%). Net result -253.9k NOK → -82.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
984.4k NOK
69.5k NOK
-92.9%
Operating result
-319.0k NOK
-63.3k NOK
+80.2%
Net result
-253.9k NOK
-82.4k NOK
+67.5%
Cash
4.14m NOK
4.01m NOK
-3.2%
Total assets
4.70m NOK
4.51m NOK
-4.2%
What improved
-
↑
Operating result improved
Operating result -319.0k NOK → -63.3k NOK (op. margin -32.4% → -91.0%). Calculated
-
↑
Net result improved
Net result -253.9k NOK → -82.4k NOK (net margin -25.8% → -118.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 984.4k NOK to 69.5k NOK (-92.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 4.14m NOK → 4.01m NOK (-3.2% YoY). Calculated