ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-04-22; registry 2021-06-17; journal 2021 341133
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 32.85m NOK → 33.26m NOK (+1.2%). Net result +980.5k NOK → +631.0k NOK. Equity 1.55m NOK → 3.20m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.85m NOK to 33.26m NOK (+1.2% YoY). Calculated
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↑
Equity strengthened
Book equity 1.55m NOK → 3.20m NOK (equity ratio 15.3% → 28.4%). Calculated
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↑
Cash rose
Bank deposits 1.30m NOK → 3.05m NOK (+134.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.27m NOK → +903.6k NOK (op. margin 3.9% → 2.7%). Calculated
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↓
Net result weakened
Net result +980.5k NOK → +631.0k NOK (net margin 3.0% → 1.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 13.96m NOK → 14.06m NOK (42% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 10.57m NOK → 11.58m NOK (+9.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 142.1k NOK → 153.9k NOK. Reported fact