ACON PROSJEKTER AS: årsregnskap 2020 vs 2019
Grew 32% on revenue, weaker earnings
approved 2021-05-31; registry 2021-07-31; journal 2021 565423
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACON PROSJEKTER AS. Revenue 4.15m NOK → 5.45m NOK (+31.5%). Net result -50.6k NOK → -149.3k NOK. Equity 243.5k NOK → 94.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACON PROSJEKTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.15m NOK to 5.45m NOK (+31.5% YoY). Calculated
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↑
Cash rose
Bank deposits 167.3k NOK → 218.5k NOK (+30.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -56.3k NOK → -121.1k NOK (op. margin -1.4% → -2.2%). Calculated
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↓
Net result weakened
Net result -50.6k NOK → -149.3k NOK (net margin -1.2% → -2.7%). Calculated
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↓
Equity eroded
Book equity 243.5k NOK → 94.1k NOK (equity ratio 18.6% → 5.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.38× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.33m NOK → 3.15m NOK (56% → 58% of revenue). Calculated