ACO RENGJØRING AS: årsregnskap 2020 vs 2019
Grew 33% on revenue, slipped into loss
approved 2021-05-26; registry 2021-06-19; journal 2021 363087
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACO RENGJØRING AS. Revenue 6.44m NOK → 8.57m NOK (+33.2%). Net result +350.5k NOK → -53.5k NOK. Equity 95.3k NOK → 1.04m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACO RENGJØRING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.44m NOK to 8.57m NOK (+33.2% YoY). Calculated
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↑
Equity strengthened
Book equity 95.3k NOK → 1.04m NOK (equity ratio 4.1% → 43.8%). Calculated
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↑
Cash rose
Bank deposits 63.4k NOK → 719.1k NOK (+1033.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +488.8k NOK → -4 721 NOK (op. margin 7.6% → -0.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 350.5k NOK profit to a loss of 53.5k NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 4.53m NOK → 6.24m NOK (70% → 73% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 538.5k NOK → 149.4k NOK (-72.3% YoY). Calculated