ACO CONSULT AS: årsregnskap 2020 vs 2019
Grew 58% on revenue, returned to profit
approved 2021-08-30; registry 2022-05-03; journal 2022 250421
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACO CONSULT AS. Revenue 176.6k NOK → 279.5k NOK (+58.2%). Net result -42.0k NOK → +14.4k NOK. Equity -191.1k NOK → -176.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACO CONSULT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 176.6k NOK to 279.5k NOK (+58.2% YoY). Calculated
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Operating result improved
Operating result -42.0k NOK → +14.4k NOK (op. margin -23.8% → 5.2%). Calculated
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Turned profitable
Net result flipped from a loss of 42.0k NOK to a profit of 14.4k NOK. Calculated
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Equity strengthened
Book equity -191.1k NOK → -176.7k NOK (equity ratio -48.8% → -30.0%). Calculated
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Cash rose
Bank deposits 24 NOK → 139.7k NOK (+582116.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 84.9k NOK → 1.11m NOK (48% → 395% of revenue). Calculated