ACROSS FOREST AS: årsregnskap 2020 vs 2019
Grew 52% on revenue, weaker earnings
approved 2021-06-30; registry 2021-07-24; journal 2021 531866
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACROSS FOREST AS. Revenue 625.5k NOK → 952.1k NOK (+52.2%). Net result -396.5k NOK → -526.9k NOK. Equity 8.96m NOK → 8.41m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACROSS FOREST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 625.5k NOK to 952.1k NOK (+52.2% YoY). Calculated
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↑
Cash rose
Bank deposits 32.1k NOK → 113.2k NOK (+252.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +65.9k NOK → -88.4k NOK (op. margin 10.5% → -9.3%). Calculated
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↓
Net result weakened
Net result -396.5k NOK → -526.9k NOK (net margin -63.4% → -55.3%). Calculated
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↓
Equity eroded
Book equity 8.96m NOK → 8.41m NOK (equity ratio 44.2% → 37.7%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 8.96m NOK → 8.41m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 19.73m NOK → 21.96m NOK. Reported fact