ACME ASSOCIATES AS: årsregnskap 2020 vs 2019
Shrank 23% on revenue, stronger earnings
approved 2021-05-25; registry 2021-06-30; journal 2021 500952
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACME ASSOCIATES AS. Revenue 1.18m NOK → 908.4k NOK (-23.1%). Net result +130.6k NOK → +594.3k NOK. Equity 6.20m NOK → 6.79m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Net result improved
Net result +130.6k NOK → +594.3k NOK (net margin 11.0% → 65.4%). Calculated
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Equity strengthened
Book equity 6.20m NOK → 6.79m NOK (equity ratio 96.2% → 97.1%). Calculated
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Cash rose
Bank deposits 362.3k NOK → 503.2k NOK (+38.9% YoY). Calculated
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Payroll decreased
Salary cost 826.2k NOK → 819.7k NOK (70% → 90% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.18m NOK to 908.4k NOK (-23.1% YoY). Calculated
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↓
Operating result weakened
Operating result +48.3k NOK → -171.0k NOK (op. margin 4.1% → -18.8%). Calculated