FirmaIQ
Org.nr 997 842 065 2019 → 2020 Year-over-year analysis

ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2020 vs 2019

Stronger earnings

registry 2021-07-10; journal 2021 551805

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCURACY INFORMATION SYSTEMS AS. Revenue 1 819 NOK → 1 874 NOK (+3.0%). Net result 0 NOK → +44.3k NOK. Equity 677.3k NOK → 721.5k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCURACY INFORMATION SYSTEMS AS.

At a glance

Scorecard

Revenue
1 819 NOK 1 874 NOK
+3.0%
Operating result
n/m +46.4k NOK
—
Net result
0 NOK +44.3k NOK
—
Equity
677.3k NOK 721.5k NOK
+6.5%
Cash
193.0k NOK 226.9k NOK
+17.6%
Total assets
1.27m NOK 1.30m NOK
+2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 819 NOK to 1 874 NOK (+3.0% YoY). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +44.3k NOK (net margin 0.0% → 2362.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 677.3k NOK → 721.5k NOK (equity ratio 53.5% → 55.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 193.0k NOK → 226.9k NOK (+17.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 1.09×. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 686.7k NOK → 671.2k NOK. Reported fact