FirmaIQ
Org.nr 988 233 315 2019 → 2020 Year-over-year analysis

ACEL AS: årsregnskap 2020 vs 2019

Shrank 11% on revenue

approved 2021-04-30; registry 2021-06-15; journal 2021 362937

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACEL AS. Revenue 234.53m NOK → 208.07m NOK (-11.3%). Net result +11.86m NOK → +10.49m NOK. Equity 31.22m NOK → 31.71m NOK.

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

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

At a glance

Scorecard

Revenue
234.53m NOK 208.07m NOK
-11.3%
Operating result
+18 NOK +15.45m NOK
+85839966.7%
Net result
+11.86m NOK +10.49m NOK
-11.5%
Equity
31.22m NOK 31.71m NOK
+1.6%
Cash
n/m 40.93m NOK
—
Total assets
110.97m NOK 89.62m NOK
-19.2%

What improved

  • ↑

    Operating result improved

    Operating result +18 NOK → +15.45m NOK (op. margin 0.0% → 7.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 31.22m NOK → 31.71m NOK (equity ratio 28.1% → 35.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 234.53m NOK to 208.07m NOK (-11.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +11.86m NOK → +10.49m NOK (net margin 5.1% → 5.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 126.55m NOK → 12.10bn NOK (+9463.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 903.4k NOK → 8.81m NOK. Reported fact