ACCOMMODATE AS: årsregnskap 2020 vs 2019
Shrank 84% on revenue, slipped into loss
approved 2021-04-27; registry 2021-06-03; journal 2021 254554
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCOMMODATE AS. Revenue 12.68m NOK → 1.98m NOK (-84.4%). Net result +434.9k NOK → -383.5k NOK. Equity 896.5k NOK → 513.0k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOMMODATE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.56m NOK → 4.50m NOK (+188.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 984.1k NOK → 400.4k NOK (8% → 20% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.68m NOK to 1.98m NOK (-84.4% YoY). Calculated
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↓
Operating result weakened
Operating result +564.6k NOK → -488.2k NOK (op. margin 4.5% → -24.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 434.9k NOK profit to a loss of 383.5k NOK. Calculated
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↓
Equity eroded
Book equity 896.5k NOK → 513.0k NOK (equity ratio 36.4% → 53.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.63m NOK → 1.73m NOK (-83.7% YoY). Calculated