Org.nr 922 017 433 2019 → 2020 Year-over-year analysis

ACOS AS: årsregnskap 2020 vs 2019

Grew 12% on revenue, stronger earnings

approved 2021-03-12; registry 2021-03-23; journal 2021 163086

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACOS AS. Revenue 192.58m NOK → 216.26m NOK (+12.3%). Net result +31.12m NOK → +38.39m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACOS AS.

At a glance

Revenue

192.58m NOK 216.26m NOK

+12.3%

Operating result

+38.69m NOK +47.77m NOK

+23.5%

Net result

+31.12m NOK +38.39m NOK

+23.3%

↑
Revenue rose

Operating income / revenue moved from 192.58m NOK to 216.26m NOK (+12.3% YoY). Calculated
↑
Operating result improved

Operating result +38.69m NOK → +47.77m NOK (op. margin 20.1% → 22.1%). Calculated
↑
Net result improved

Net result +31.12m NOK → +38.39m NOK (net margin 16.2% → 17.7%). Calculated
↑
Payroll decreased

Salary cost 3.12bn NOK → 3 NOK (1621% → 0% of revenue). Calculated