FirmaIQ
Org.nr 990 694 311 2019 → 2020 Year-over-year analysis

ACCOUNTOR CREDIT GROUP AS: årsregnskap 2020 vs 2019

Grew 17% on revenue, cash halved-plus

approved 2021-05-28; registry 2021-09-07; journal 2021 679899

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCOUNTOR CREDIT GROUP AS. Revenue 135.7k NOK → 158.2k NOK (+16.6%). Net result -151.5k NOK → -150.7k NOK. Equity 7.18m NOK → 7.03m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
135.7k NOK 158.2k NOK
+16.6%
Operating result
-53.2k NOK -46.7k NOK
+12.2%
Net result
-151.5k NOK -150.7k NOK
+0.5%
Equity
7.18m NOK 7.03m NOK
-2.1%
Cash
29.0k NOK 4 976 NOK
-82.9%
Total assets
9.78m NOK 9.78m NOK
+0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 135.7k NOK to 158.2k NOK (+16.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -53.2k NOK → -46.7k NOK (op. margin -39.2% → -29.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.18m NOK → 7.03m NOK (equity ratio 73.4% → 71.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.0k NOK → 4 976 NOK (-82.9% YoY). Calculated