FirmaIQ
Org.nr 958 466 013 2019 → 2020 Year-over-year analysis

ACCOUNTOR VAT-SERVICE AS: årsregnskap 2020 vs 2019

Shrank 25% on revenue, weaker earnings

approved 2021-05-20; registry 2021-07-10; journal 2021 467207

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCOUNTOR VAT-SERVICE AS. Revenue 2.99m NOK → 2.26m NOK (-24.6%). Net result +819.9k NOK → +22.6k NOK. Equity 177.8k NOK → 185.2k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.99m NOK 2.26m NOK
-24.6%
Operating result
+1 077 NOK +116.6k NOK
+10725.3%
Net result
+819.9k NOK +22.6k NOK
-97.2%
Equity
177.8k NOK 185.2k NOK
+4.1%
Cash
40.1k NOK 40.3k NOK
+0.3%
Total assets
3.34m NOK 2.78m NOK
-16.9%

What improved

  • ↑

    Operating result improved

    Operating result +1 077 NOK → +116.6k NOK (op. margin 0.0% → 5.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 177.8k NOK → 185.2k NOK (equity ratio 5.3% → 6.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.99m NOK to 2.26m NOK (-24.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +819.9k NOK → +22.6k NOK (net margin 27.4% → 1.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.81m NOK → 2.04m NOK (60% → 90% of revenue). Calculated