ACRYLICON NORD-NORGE AS: årsregnskap 2020 vs 2019
Shrank 25% on revenue, stronger earnings
approved 2021-04-30; registry 2021-10-06; journal 2021 778095
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACRYLICON NORD-NORGE AS. Revenue 38.31m NOK → 28.59m NOK (-25.4%). Net result +30.8k NOK → +1.16m NOK. Equity 5.03m NOK → 5.19m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +2 587 NOK → +1.55m NOK (op. margin 0.0% → 5.4%). Calculated
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↑
Net result improved
Net result +30.8k NOK → +1.16m NOK (net margin 0.1% → 4.1%). Calculated
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↑
Equity strengthened
Book equity 5.03m NOK → 5.19m NOK (equity ratio 39.4% → 39.5%). Calculated
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Cash rose
Bank deposits 1.08m NOK → 3.09m NOK (+186.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 12.33m NOK → 10.45m NOK (32% → 37% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 38.31m NOK to 28.59m NOK (-25.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 15.41m NOK → 10.37m NOK (-32.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 125.0k NOK → 131.0k NOK. Reported fact