FirmaIQ
Org.nr 984 180 780 2019 → 2020 Year-over-year analysis

ACCILLION AS: årsregnskap 2020 vs 2019

Shrank 50% on revenue, weaker earnings

approved 2021-08-31; registry 2021-10-07; journal 2021 784917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCILLION AS. Revenue 3.59m NOK → 1.80m NOK (-49.7%). Net result +16.00m NOK → +529.7k NOK. Equity 8.76m NOK → 5.58m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
3.59m NOK 1.80m NOK
-49.7%
Operating result
+4.11m NOK +1.04m NOK
-74.8%
Net result
+16.00m NOK +529.7k NOK
-96.7%
Equity
8.76m NOK 5.58m NOK
-36.3%
Cash
3 670 NOK 1.02m NOK
+27811.7%
Total assets
11.76m NOK 8.65m NOK
-26.4%

What improved

  • ↑

    Cash rose

    Bank deposits 3 670 NOK → 1.02m NOK (+27811.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.59m NOK to 1.80m NOK (-49.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.11m NOK → +1.04m NOK (op. margin 114.6% → 57.4%). Calculated

  • ↓

    Net result weakened

    Net result +16.00m NOK → +529.7k NOK (net margin 446.1% → 29.4%). Calculated

  • ↓

    Equity eroded

    Book equity 8.76m NOK → 5.58m NOK (equity ratio 74.5% → 64.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.20m NOK → 3.38m NOK. Reported fact