ACS AS, AQUILA CORPORATE SERVICES: årsregnskap 2020 vs 2019
Shrank 60% on revenue, stronger earnings
approved 2021-05-31; registry 2021-06-03; journal 2021 384540
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACS AS, AQUILA CORPORATE SERVICES. Revenue 250.0k NOK → 100.0k NOK (-60.0%). Net result +118.6k NOK → +643.1k NOK. Equity 8.15m NOK → 11.79m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACS AS, AQUILA CORPORATE SERVICES.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +118.6k NOK → +643.1k NOK (net margin 47.4% → 643.1%). Calculated
-
↑
Equity strengthened
Book equity 8.15m NOK → 11.79m NOK (equity ratio 4361.3% → 1458.5%). Calculated
-
↑
Cash rose
Bank deposits 102.7k NOK → 296.8k NOK (+189.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 250.0k NOK to 100.0k NOK (-60.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +152.5k NOK → -292.3k NOK (op. margin 61.0% → -292.3%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 65.0k NOK → 455.6k NOK. Reported fact