ACCION AS: årsregnskap 2020 vs 2019
Shrank 97% on revenue, weaker earnings, cash halved-plus
approved 2020-12-31; registry 2021-08-16; journal 2021 617934
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCION AS. Revenue 700.3k NOK → 21.2k NOK (-97.0%). Net result -381.0k NOK → -465.2k NOK. Equity 6.61m NOK → 12.22m NOK.
On the constructive side: equity strengthened. 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 ACCION AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.61m NOK → 12.22m NOK (equity ratio 65.7% → 130.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 700.3k NOK to 21.2k NOK (-97.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +7 401 NOK → -49.2k NOK (op. margin 1.1% → -231.7%). Calculated
-
↓
Net result weakened
Net result -381.0k NOK → -465.2k NOK (net margin -54.4% → -2191.6%). Calculated
-
↓
Cash fell
Bank deposits 68.1k NOK → 5 844 NOK (-91.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 1.00m NOK. Reported fact