FirmaIQ
Org.nr 920 272 916 2019 → 2020 Year-over-year analysis

ACCESS NORWAY CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 98% on revenue, stronger earnings

registry 2021-05-18; journal 2021 292232

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCESS NORWAY CONSULTING AS. Revenue 798.2k NOK → 19.3k NOK (-97.6%). Net result +40.2k NOK → +87.8k NOK. Equity 87.8k NOK → 12.18m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
798.2k NOK 19.3k NOK
-97.6%
Operating result
+56.4k NOK +96.9k NOK
+72.0%
Net result
+40.2k NOK +87.8k NOK
+118.5%
Equity
87.8k NOK 12.18m NOK
+13772.9%
Cash
161.1k NOK 381.7k NOK
+136.9%
Total assets
211.7k NOK 438.1k NOK
+106.9%

What improved

  • ↑

    Operating result improved

    Operating result +56.4k NOK → +96.9k NOK (op. margin 7.1% → 502.7%). Calculated

  • ↑

    Net result improved

    Net result +40.2k NOK → +87.8k NOK (net margin 5.0% → 455.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 87.8k NOK → 12.18m NOK (equity ratio 41.5% → 2779.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 161.1k NOK → 381.7k NOK (+136.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5767.30bn NOK → 4 NOK (722582905% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 798.2k NOK to 19.3k NOK (-97.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 116 NOK → 5 206 NOK (+4387.9% YoY). Calculated