FirmaIQ
Org.nr 998 088 844 2019 → 2020 Year-over-year analysis

ACCESSPOINT AS: årsregnskap 2020 vs 2019

Shrank 10% on revenue, slipped into loss

approved 2021-02-09; registry 2021-04-07; journal 2021 181362

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCESSPOINT AS. Revenue 1.86m NOK → 1.68m NOK (-9.8%). Net result +56.1k NOK → -2.65m NOK. Equity 7.24m NOK → 4.09m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCESSPOINT AS.

At a glance

Scorecard

Revenue
1.86m NOK 1.68m NOK
-9.8%
Operating result
+906.6k NOK +308.5k NOK
-66.0%
Net result
+56.1k NOK -2.65m NOK
-4825.9%
Equity
7.24m NOK 4.09m NOK
-43.5%
Cash
4 391 NOK 2.56m NOK
+58202.6%
Total assets
7.93m NOK 4.40m NOK
-44.5%

What improved

  • ↑

    Cash rose

    Bank deposits 4 391 NOK → 2.56m NOK (+58202.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 418.6k NOK → 74.2k NOK (23% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.86m NOK to 1.68m NOK (-9.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +906.6k NOK → +308.5k NOK (op. margin 48.8% → 18.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 56.1k NOK profit to a loss of 2.65m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.24m NOK → 4.09m NOK (equity ratio 91.3% → 92.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.16m NOK → 3.68m NOK. Reported fact