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Org.nr 987 840 846 2019 → 2020 Year-over-year analysis

ACS FINANS AS: årsregnskap 2020 vs 2019

Shrank 10% on revenue, returned to profit

approved 2021-06-07; registry 2021-06-28; journal 2021 406113

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACS FINANS AS. Revenue 7.62m NOK → 6.84m NOK (-10.3%). Net result -10.8k NOK → +1 052 NOK. Equity 124.5k NOK → 11.13m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
7.62m NOK 6.84m NOK
-10.3%
Operating result
+31.7k NOK +51.0k NOK
+60.8%
Net result
-10.8k NOK +1 052 NOK
+109.7%
Equity
124.5k NOK 11.13m NOK
+8836.4%
Cash
87.8k NOK 210.3k NOK
+139.7%
Total assets
1.96m NOK 1.84m NOK
-5.7%

What improved

  • ↑

    Operating result improved

    Operating result +31.7k NOK → +51.0k NOK (op. margin 0.4% → 0.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 10.8k NOK to a profit of 1 052 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 124.5k NOK → 11.13m NOK (equity ratio 6.4% → 603.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 87.8k NOK → 210.3k NOK (+139.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.62m NOK to 6.84m NOK (-10.3% YoY). Calculated