ACCOUNTING AS: årsregnskap 2020 vs 2019
Grew 44% on revenue, stronger earnings
approved 2021-01-25; registry 2021-01-27; journal 2021 109716
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCOUNTING AS. Revenue 686.2k NOK → 986.5k NOK (+43.8%). Net result +132.7k NOK → +253.2k NOK. Equity 327.9k NOK → 431.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 686.2k NOK to 986.5k NOK (+43.8% YoY). Calculated
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Operating result improved
Operating result +167.7k NOK → +321.0k NOK (op. margin 24.4% → 32.5%). Calculated
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Net result improved
Net result +132.7k NOK → +253.2k NOK (net margin 19.3% → 25.7%). Calculated
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Equity strengthened
Book equity 327.9k NOK → 431.1k NOK (equity ratio 134.8% → 28.5%). Calculated
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Cash rose
Bank deposits 242.9k NOK → 1.49m NOK (+511.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 309 NOK → 419.2k NOK (0% → 42% of revenue). Calculated