ACCONOR AS: årsregnskap 2020 vs 2019
Grew 286% on revenue, stronger earnings, cash halved-plus
approved 2021-08-31; registry 2021-10-02; journal 2021 848204
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCONOR AS. Revenue 187.6k NOK → 724.0k NOK (+285.9%). Net result +23.5k NOK → +2.25m NOK. Equity 10.32m NOK → 568.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCONOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 187.6k NOK to 724.0k NOK (+285.9% YoY). Calculated
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↑
Operating result improved
Operating result +33.0k NOK → +76.0k NOK (op. margin 17.6% → 10.5%). Calculated
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↑
Net result improved
Net result +23.5k NOK → +2.25m NOK (net margin 12.5% → 311.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.32m NOK → 568.8k NOK (equity ratio 2228.1% → 80.9%). Calculated
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↓
Cash fell
Bank deposits 182.1k NOK → 300 NOK (-99.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 NOK → 326.6k NOK (0% → 45% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 16.0k NOK → 134.8k NOK (+744.1% YoY). Calculated