FirmaIQ
Org.nr 985 400 792 2019 → 2020 Year-over-year analysis

ACRYLICON ROGALAND AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-30; registry 2021-07-26; journal 2021 538683

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACRYLICON ROGALAND AS. Revenue 37.40m NOK → 38.81m NOK (+3.8%). Net result +2.53m NOK → +380.6k NOK. Equity 19.71m NOK → 20.09m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYLICON ROGALAND AS.

At a glance

Scorecard

Revenue
37.40m NOK 38.81m NOK
+3.8%
Operating result
+1.30m NOK +3.56m NOK
+173.0%
Net result
+2.53m NOK +380.6k NOK
-85.0%
Equity
19.71m NOK 20.09m NOK
+1.9%
Cash
8.54m NOK 10.79m NOK
+26.4%
Total assets
36.73m NOK 35.35m NOK
-3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.40m NOK to 38.81m NOK (+3.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.30m NOK → +3.56m NOK (op. margin 3.5% → 9.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.71m NOK → 20.09m NOK (equity ratio 53.7% → 56.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.54m NOK → 10.79m NOK (+26.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.53m NOK → +380.6k NOK (net margin 6.8% → 1.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.19m NOK → 14.98m NOK (38% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 13.89m NOK → 14.20m NOK (+2.2% YoY). Calculated