FirmaIQ
Org.nr 976 162 242 2019 → 2020 Year-over-year analysis

ACENTIO NORGE AS: årsregnskap 2020 vs 2019

Shrank 11% on revenue, weaker earnings, cash halved-plus

approved 2021-03-08; registry 2021-03-17; journal 2021 150803

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACENTIO NORGE AS. Revenue 11.60m NOK → 10.33m NOK (-10.9%). Net result +553.9k NOK → +254.6k NOK. Equity 4.32m NOK → 4.58m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACENTIO NORGE AS.

At a glance

Scorecard

Revenue
11.60m NOK 10.33m NOK
-10.9%
Operating result
n/m -100.5k NOK
—
Net result
+553.9k NOK +254.6k NOK
-54.0%
Equity
4.32m NOK 4.58m NOK
+5.9%
Cash
794.0k NOK 215.7k NOK
-72.8%
Total assets
6.10m NOK 5.91m NOK
-3.1%

What improved

  • ↑

    Equity strengthened

    Book equity 4.32m NOK → 4.58m NOK (equity ratio 70.9% → 77.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.57m NOK → 5.47m NOK (48% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.60m NOK to 10.33m NOK (-10.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +553.9k NOK → +254.6k NOK (net margin 4.8% → 2.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 794.0k NOK → 215.7k NOK (-72.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.94m NOK → 3.61m NOK (-8.3% YoY). Calculated