ACCOUNTRA SOFTWARE AS: årsregnskap 2020 vs 2019
Grew 40% on revenue, stronger earnings
registry 2023-11-01; journal 2023 736129
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCOUNTRA SOFTWARE AS. Revenue 1.43m NOK → 2.01m NOK (+40.4%). Net result +179.8k NOK → +341.4k NOK. Equity 73.1k NOK → 414.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.43m NOK to 2.01m NOK (+40.4% YoY). Calculated
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Operating result improved
Operating result +179.7k NOK → +426.0k NOK (op. margin 12.6% → 21.2%). Calculated
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Net result improved
Net result +179.8k NOK → +341.4k NOK (net margin 12.6% → 17.0%). Calculated
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Equity strengthened
Book equity 73.1k NOK → 414.5k NOK (equity ratio 16.5% → 299.0%). Calculated
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Cash rose
Bank deposits 147.5k NOK → 717.5k NOK (+386.4% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.16× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 963.4k NOK → 1.25m NOK (67% → 62% of revenue). Calculated