ACK ARKITEKTER AS: årsregnskap 2020 vs 2019
Shrank 41% on revenue, returned to profit
registry 2022-05-03; journal 2022 250339
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACK ARKITEKTER AS. Revenue 4.74m NOK → 2.77m NOK (-41.5%). Net result -92.5k NOK → +241.2k NOK. Equity 37.7k NOK → 278.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACK ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -29.3k NOK → +264.4k NOK (op. margin -0.6% → 9.5%). Calculated
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Turned profitable
Net result flipped from a loss of 92.5k NOK to a profit of 241.2k NOK. Calculated
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Equity strengthened
Book equity 37.7k NOK → 278.9k NOK (equity ratio 2.0% → 10.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.74m NOK to 2.77m NOK (-41.5% YoY). Calculated
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↓
Cash fell
Bank deposits 993.6k NOK → 819.8k NOK (-17.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.82m NOK → 1.96m NOK (38% → 71% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 400.9k NOK → 49.8k NOK (-87.6% YoY). Calculated