FirmaIQ
Org.nr 976 134 257 2019 → 2020 Year-over-year analysis

ACO NORWAY AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-18; registry 2021-06-28; journal 2021 408140

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACO NORWAY AS. Revenue 297.77m NOK → 305.13m NOK (+2.5%). Net result +10.11m NOK → +12.38m NOK. Equity 35.12m NOK → 47.50m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACO NORWAY AS.

At a glance

Scorecard

Revenue
297.77m NOK 305.13m NOK
+2.5%
Operating result
+11.46m NOK +15.14m NOK
+32.1%
Net result
+10.11m NOK +12.38m NOK
+22.5%
Equity
35.12m NOK 47.50m NOK
+35.2%
Cash
1.69m NOK 1.54m NOK
-9.0%
Total assets
107.91m NOK 123.50m NOK
+14.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 297.77m NOK to 305.13m NOK (+2.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.46m NOK → +15.14m NOK (op. margin 3.8% → 5.0%). Calculated

  • ↑

    Net result improved

    Net result +10.11m NOK → +12.38m NOK (net margin 3.4% → 4.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 35.12m NOK → 47.50m NOK (equity ratio 32.5% → 38.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.69m NOK → 1.54m NOK (-9.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.19bn NOK → 191.82m NOK (-98.4% YoY). Calculated