FirmaIQ
Org.nr 964 198 950 2019 → 2020 Year-over-year analysis

ACRYLICON NORGE AS: årsregnskap 2020 vs 2019

Shrank 12% on revenue, slipped into loss

approved 2021-08-31; registry 2021-10-26; journal 2021 870774

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACRYLICON NORGE AS. Revenue 40.47m NOK → 35.57m NOK (-12.1%). Net result +2.69m NOK → -3.29m NOK. Equity 15.74m NOK → 12.44m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.

At a glance

Scorecard

Revenue
40.47m NOK 35.57m NOK
-12.1%
Operating result
+3.70m NOK -3.63m NOK
-197.9%
Net result
+2.69m NOK -3.29m NOK
-222.6%
Equity
15.74m NOK 12.44m NOK
-20.9%
Cash
119.9k NOK 600.5k NOK
+400.9%
Total assets
48.63m NOK 42.38m NOK
-12.9%

What improved

  • ↑

    Cash rose

    Bank deposits 119.9k NOK → 600.5k NOK (+400.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 40.47m NOK to 35.57m NOK (-12.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.70m NOK → -3.63m NOK (op. margin 9.2% → -10.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.69m NOK profit to a loss of 3.29m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 15.74m NOK → 12.44m NOK (equity ratio 32.4% → 29.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.79× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 27.74m NOK → 25.21m NOK (-9.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 30.91m NOK → 26.43m NOK. Reported fact