ACORN DESIGN AS: årsregnskap 2020 vs 2019
Grew 12% on revenue
registry 2021-06-02; journal 2021 379200
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACORN DESIGN AS. Revenue 1.88m NOK → 2.12m NOK (+12.4%). Net result +65.4k NOK → +53.2k NOK. Equity 404.7k NOK → 458.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACORN DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.88m NOK to 2.12m NOK (+12.4% YoY). Calculated
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↑
Operating result improved
Operating result +81.7k NOK → +106.1k NOK (op. margin 4.3% → 5.0%). Calculated
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↑
Equity strengthened
Book equity 404.7k NOK → 458.0k NOK (equity ratio 77.9% → 61.1%). Calculated
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↑
Cash rose
Bank deposits 242.9k NOK → 286.8k NOK (+18.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +65.4k NOK → +53.2k NOK (net margin 3.5% → 2.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 79.6k NOK → 35.2k NOK. Reported fact