FirmaIQ
Org.nr 989 778 854 2019 → 2020 Year-over-year analysis

ACG AS: årsregnskap 2020 vs 2019

Grew 54% on revenue, stronger earnings, cash halved-plus

approved 2021-06-16; registry 2021-07-29; journal 2021 554053

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACG AS. Revenue 12.42m NOK → 19.10m NOK (+53.8%). Net result +12.10m NOK → +18.60m NOK. Equity 135.25m NOK → 143.84m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACG AS.

At a glance

Scorecard

Revenue
12.42m NOK 19.10m NOK
+53.8%
Operating result
+12.12m NOK +18.72m NOK
+54.4%
Net result
+12.10m NOK +18.60m NOK
+53.7%
Equity
135.25m NOK 143.84m NOK
+6.4%
Cash
8.28m NOK 2.24m NOK
-73.0%
Total assets
135.47m NOK 154.09m NOK
+13.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.42m NOK to 19.10m NOK (+53.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +12.12m NOK → +18.72m NOK (op. margin 97.6% → 98.0%). Calculated

  • ↑

    Net result improved

    Net result +12.10m NOK → +18.60m NOK (net margin 97.4% → 97.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 135.25m NOK → 143.84m NOK (equity ratio 99.8% → 93.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.28m NOK → 2.24m NOK (-73.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.28m NOK → 2.24m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 88.23m NOK → 78.96m NOK. Reported fact