ACCOUNTFLOW AS: årsregnskap 2020 vs 2019
Stronger earnings, fresh owner capital
approved 2021-05-04; registry 2021-05-18; journal 2021 292880
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCOUNTFLOW AS. Revenue 1.30m NOK → 1.28m NOK (-1.7%). Net result -2.04m NOK → -1.16m NOK. Equity -741.60bn NOK → 11 NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCOUNTFLOW AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -2.04m NOK → -1.12m NOK (op. margin -156.5% → -87.1%). Calculated
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Net result improved
Net result -2.04m NOK → -1.16m NOK (net margin -157.0% → -90.3%). Calculated
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Equity strengthened
Book equity -741.60bn NOK → 11 NOK (equity ratio -28411583.5% → 0.0%). Calculated
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Cash rose
Bank deposits 154.2k NOK → 331.1k NOK (+114.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 680.9k NOK → 1.68m NOK (+1.00m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.30m NOK to 1.28m NOK (-1.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 3 NOK → 1.45m NOK (0% → 113% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 184.4k NOK → -959.6k NOK. Reported fact