ACCRUE AS: årsregnskap 2020 vs 2019
Shrank 16% on revenue
approved 2021-03-22; registry 2021-03-24; journal 2021 166269
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCRUE AS. Revenue 1.96m NOK → 1.65m NOK (-16.2%). Equity 30.8k NOK → 30.2k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCRUE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +129.4k NOK → +574.1k NOK (op. margin 6.6% → 34.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.66× → 1.00×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.96m NOK to 1.65m NOK (-16.2% YoY). Calculated
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↓
Cash fell
Bank deposits 843.8k NOK → 609.4k NOK (-27.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 35.0k NOK → 25.0k NOK. Reported fact