FirmaIQ
Org.nr 988 233 315 2020 → 2021 Year-over-year analysis

ACEL AS: årsregnskap 2021 vs 2020

Grew 116600% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-31; journal 2022 909830

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACEL AS. Revenue 208.07m NOK → 242.82bn NOK (+116599.5%). Net result +10.49m NOK → +14.44m NOK. Equity 31.71m NOK → 38.24m NOK.

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

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

At a glance

Scorecard

Revenue
208.07m NOK 242.82bn NOK
+116599.5%
Operating result
+15.45m NOK +18.64m NOK
+20.6%
Net result
+10.49m NOK +14.44m NOK
+37.6%
Equity
31.71m NOK 38.24m NOK
+20.6%
Cash
40.93m NOK 42.69m NOK
+4.3%
Total assets
89.62m NOK 112.02m NOK
+25.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 208.07m NOK to 242.82bn NOK (+116599.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.45m NOK → +18.64m NOK (op. margin 7.4% → 0.0%). Calculated

  • ↑

    Net result improved

    Net result +10.49m NOK → +14.44m NOK (net margin 5.0% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 31.71m NOK → 38.24m NOK (equity ratio 35.4% → 34.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.93m NOK → 42.69m NOK (+4.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 74.82m NOK → 81.17m NOK (36% → 0% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 12.10bn NOK → 1.13bn NOK (-90.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.81m NOK → 1 NOK. Reported fact