FirmaIQ
Org.nr 998 610 192 2019 → 2020 Year-over-year analysis

ACCOUNTIT HYLLE14 AS: årsregnskap 2020 vs 2019

Shrank 46% on revenue, slipped into loss, cash halved-plus

approved 2021-06-15; registry 2021-06-17; journal 2021 439362

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCOUNTIT HYLLE14 AS. Revenue 820.9k NOK → 443.9k NOK (-45.9%). Net result +23.3k NOK → -38.3k NOK. Equity 298.4k NOK → 260.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
820.9k NOK 443.9k NOK
-45.9%
Operating result
+32.5k NOK -49.2k NOK
-251.1%
Net result
+23.3k NOK -38.3k NOK
-264.1%
Equity
298.4k NOK 260.1k NOK
-12.8%
Cash
125.6k NOK 9 565 NOK
-92.4%
Total assets
261.2k NOK 144.2k NOK
-44.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.49m NOK → 262.2k NOK (303% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 820.9k NOK to 443.9k NOK (-45.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +32.5k NOK → -49.2k NOK (op. margin 4.0% → -11.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.3k NOK profit to a loss of 38.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 298.4k NOK → 260.1k NOK (equity ratio 114.2% → 180.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 125.6k NOK → 9 565 NOK (-92.4% YoY). Calculated