ACS HOLDING AS: årsregnskap 2020 vs 2019
Grew 401% on revenue, stronger earnings, cash halved-plus
approved 2021-08-12; registry 2021-08-16; journal 2021 635050
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACS HOLDING AS. Revenue 128.0k NOK → 640.8k NOK (+400.6%). Net result +39.0k NOK → +310.1k NOK. Equity 183.0k NOK → 10.49m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACS HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 128.0k NOK to 640.8k NOK (+400.6% YoY). Calculated
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Operating result improved
Operating result +29.0k NOK → +384.8k NOK (op. margin 22.7% → 60.1%). Calculated
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Net result improved
Net result +39.0k NOK → +310.1k NOK (net margin 30.5% → 48.4%). Calculated
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Equity strengthened
Book equity 183.0k NOK → 10.49m NOK (equity ratio 39.4% → 1375.3%). Calculated
What deteriorated
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Cash fell
Bank deposits 1 357 NOK → 76 NOK (-94.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 259.8k NOK → 463.4k NOK. Reported fact