FirmaIQ
Org.nr 917 441 499 2019 → 2020 Year-over-year analysis

ACCIGO AS: årsregnskap 2020 vs 2019

Grew 28% on revenue

approved 2020-08-20; registry 2021-01-27; journal 2021 109850

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCIGO AS. Revenue 16.02m NOK → 20.43m NOK (+27.5%). Net result +829.9k NOK → +986.0k NOK. Equity -7.24m NOK → -5.25m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCIGO AS.

At a glance

Scorecard

Revenue
16.02m NOK 20.43m NOK
+27.5%
Operating result
+1.10m NOK +3.33m NOK
+202.7%
Net result
+829.9k NOK +986.0k NOK
+18.8%
Equity
-7.24m NOK -5.25m NOK
+27.4%
Cash
2.26m NOK 3.32m NOK
+47.1%
Total assets
5.75m NOK 5.62m NOK
-2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.02m NOK to 20.43m NOK (+27.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.10m NOK → +3.33m NOK (op. margin 6.9% → 16.3%). Calculated

  • ↑

    Net result improved

    Net result +829.9k NOK → +986.0k NOK (net margin 5.2% → 4.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -7.24m NOK → -5.25m NOK (equity ratio -126.0% → -93.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.26m NOK → 3.32m NOK (+47.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.26m NOK → 10.07m NOK (52% → 49% of revenue). Calculated