FirmaIQ
Org.nr 985 432 414 2019 → 2020 Year-over-year analysis

ACSENTERET AS: årsregnskap 2020 vs 2019

Shrank 12% on revenue, weaker earnings

approved 2021-06-30; registry 2021-10-27; journal 2021 878224

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACSENTERET AS. Revenue 103.85m NOK → 91.37m NOK (-12.0%). Net result +7.22m NOK → +4.79m NOK. Equity 7.94m NOK → 7.93m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACSENTERET AS.

At a glance

Scorecard

Revenue
103.85m NOK 91.37m NOK
-12.0%
Operating result
+11.24m NOK +7.91m NOK
-29.6%
Net result
+7.22m NOK +4.79m NOK
-33.6%
Equity
7.94m NOK 7.93m NOK
-0.1%
Cash
833.8k NOK 9.06m NOK
+987.0%
Total assets
61.53m NOK 62.82m NOK
+2.1%

What improved

  • ↑

    Cash rose

    Bank deposits 833.8k NOK → 9.06m NOK (+987.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 17.21m NOK → 14.59m NOK (17% → 16% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 103.85m NOK to 91.37m NOK (-12.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +11.24m NOK → +7.91m NOK (op. margin 10.8% → 8.7%). Calculated

  • ↓

    Net result weakened

    Net result +7.22m NOK → +4.79m NOK (net margin 7.0% → 5.2%). Calculated

  • ↓

    Equity eroded

    Book equity 7.94m NOK → 7.93m NOK (equity ratio 12.9% → 12.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 65.86m NOK → 59.66m NOK (-9.4% YoY). Calculated