FirmaIQ
Org.nr 987 777 095 2019 → 2020 Year-over-year analysis

ACRYLICON INDUSTRIGULV AS: årsregnskap 2020 vs 2019

Shrank 13% on revenue, stronger earnings

approved 2021-05-31; registry 2021-06-29; journal 2021 411330

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACRYLICON INDUSTRIGULV AS. Revenue 52.46m NOK → 45.73m NOK (-12.8%). Net result +2.60m NOK → +4.26m NOK. Equity 6.68m NOK → 8.44m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACRYLICON INDUSTRIGULV AS.

At a glance

Scorecard

Revenue
52.46m NOK 45.73m NOK
-12.8%
Operating result
+3.49m NOK +5.57m NOK
+59.5%
Net result
+2.60m NOK +4.26m NOK
+63.9%
Equity
6.68m NOK 8.44m NOK
+26.3%
Cash
2.92m NOK 6.22m NOK
+113.0%
Total assets
19.52m NOK 19.66m NOK
+0.7%

What improved

  • ↑

    Operating result improved

    Operating result +3.49m NOK → +5.57m NOK (op. margin 6.7% → 12.2%). Calculated

  • ↑

    Net result improved

    Net result +2.60m NOK → +4.26m NOK (net margin 5.0% → 9.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.68m NOK → 8.44m NOK (equity ratio 34.2% → 42.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.92m NOK → 6.22m NOK (+113.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 52.46m NOK to 45.73m NOK (-12.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.23m NOK → 12.41m NOK (-28.0% YoY). Calculated