Org.nr 911 874 776 2019 → 2020 Year-over-year analysis

ACCREDO AS: årsregnskap 2020 vs 2019

Shrank 99% on revenue, slipped into loss

approved 2021-06-18; registry 2021-06-29; journal 2021 494565

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCREDO AS. Revenue 600.1k NOK → 6 307 NOK (-98.9%). Net result +266.4k NOK → -2.01m NOK. Equity 4.49m NOK → 2.48m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
600.1k NOK 6 307 NOK
-98.9%
Operating result
+577.8k NOK -2.22m NOK
-483.6%
Net result
+266.4k NOK -2.01m NOK
-854.1%
Equity
4.49m NOK 2.48m NOK
-44.7%
Cash
609.8k NOK 495.1k NOK
-18.8%
Total assets
4.70m NOK 2.48m NOK
-47.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 600.1k NOK to 6 307 NOK (-98.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +577.8k NOK → -2.22m NOK (op. margin 96.3% → -35148.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 266.4k NOK profit to a loss of 2.01m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.49m NOK → 2.48m NOK (equity ratio 95.5% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 609.8k NOK → 495.1k NOK (-18.8% YoY). Calculated