Org.nr 999 548 237 2019 → 2020 Year-over-year analysis

ACHOUR INVEST AS: årsregnskap 2020 vs 2019

Grew 537% on revenue, stronger earnings, cash halved-plus

approved 2021-02-15; registry 2021-02-17; journal 2021 117924

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACHOUR INVEST AS. Revenue 60.0k NOK → 382.2k NOK (+537.1%). Net result 0 NOK → +532.6k NOK. Equity 277.7k NOK → 810.3k NOK.

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

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

Scorecard

Revenue
60.0k NOK 382.2k NOK
+537.1%
Operating result
-205.8k NOK +194.5k NOK
+194.5%
Net result
0 NOK +532.6k NOK
—
Equity
277.7k NOK 810.3k NOK
+191.8%
Cash
180.8k NOK 26.3k NOK
-85.4%
Total assets
411.2k NOK 903.1k NOK
+119.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.0k NOK to 382.2k NOK (+537.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -205.8k NOK → +194.5k NOK (op. margin -343.1% → 50.9%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +532.6k NOK (net margin 0.0% → 139.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 277.7k NOK → 810.3k NOK (equity ratio 67.5% → 89.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 180.8k NOK → 26.3k NOK (-85.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 127.4k NOK → 530.2k NOK. Reported fact