Org.nr 997 640 810 2019 → 2020 Year-over-year analysis

ACCU HOLDING AS: årsregnskap 2020 vs 2019

Shrank 8% on revenue, stronger earnings

approved 2021-05-08; registry 2021-05-11; journal 2021 280966

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCU HOLDING AS. Revenue 902.2k NOK → 833.7k NOK (-7.6%). Net result +201.6k NOK → +284.6k NOK. Equity 1.61m NOK → 1.90m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
902.2k NOK 833.7k NOK
-7.6%
Operating result
+596.5k NOK +594.0k NOK
-0.4%
Net result
+201.6k NOK +284.6k NOK
+41.1%
Equity
1.61m NOK 1.90m NOK
+17.6%
Cash
143.4k NOK 105.2k NOK
-26.6%
Total assets
11.23m NOK 11.09m NOK
-1.2%

What improved

  • ↑

    Net result improved

    Net result +201.6k NOK → +284.6k NOK (net margin 22.4% → 34.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.61m NOK → 1.90m NOK (equity ratio 14.4% → 17.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 902.2k NOK to 833.7k NOK (-7.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +596.5k NOK → +594.0k NOK (op. margin 66.1% → 71.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 143.4k NOK → 105.2k NOK (-26.6% YoY). Calculated