Org.nr 986 804 145 2019 → 2020 Year-over-year analysis

ACCURO CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 56% on revenue, returned to profit

approved 2021-05-06; registry 2021-09-25; journal 2021 807024

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCURO CONSULTING AS. Revenue 529.0k NOK → 234.1k NOK (-55.7%). Net result -331.5k NOK → +227.0k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCURO CONSULTING AS.

Scorecard

Revenue
529.0k NOK 234.1k NOK
-55.7%
Operating result
-320.4k NOK +246.9k NOK
+177.1%
Net result
-331.5k NOK +227.0k NOK
+168.5%
Equity
n/m -74.9k NOK
—
Cash
765 NOK 42.3k NOK
+5431.1%
Total assets
42.6k NOK 1.03m NOK
+2321.2%

What improved

  • ↑

    Operating result improved

    Operating result -320.4k NOK → +246.9k NOK (op. margin -60.6% → 105.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 331.5k NOK to a profit of 227.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 765 NOK → 42.3k NOK (+5431.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.45× → 1.19×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 529.0k NOK to 234.1k NOK (-55.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 19.8k NOK → 10.0k NOK. Reported fact