ACCOUNTOR VALDRES OG LAND AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-06-30; registry 2021-09-08; journal 2021 681643
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCOUNTOR VALDRES OG LAND AS. Revenue 6.00m NOK → 6.30m NOK (+5.0%). Net result +625.2k NOK → +791.3k NOK. Equity 926.1k NOK → 117.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACCOUNTOR VALDRES OG LAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.00m NOK to 6.30m NOK (+5.0% YoY). Calculated
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↑
Operating result improved
Operating result +815.2k NOK → +989.7k NOK (op. margin 13.6% → 15.7%). Calculated
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Net result improved
Net result +625.2k NOK → +791.3k NOK (net margin 10.4% → 12.6%). Calculated
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Cash rose
Bank deposits 354.3k NOK → 570.6k NOK (+61.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 926.1k NOK → 117.4k NOK (equity ratio 34.6% → 4.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 441.9k NOK → 300.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 3.48m NOK → 3.64m NOK (58% → 58% of revenue). Calculated
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COGS moved
COGS / varekostnad 195.7k NOK → 380.0k NOK (+94.2% YoY). Calculated