FirmaIQ
Org.nr 923 148 442 2019 → 2020 Year-over-year analysis

ACTE AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2020-07-16; registry 2020-08-13; journal 2020 668456

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTE AS. Revenue 68.00m NOK → 64.66m NOK (-4.9%). Net result +4.09m NOK → +3.60m NOK. Equity 6.41m NOK → 10.00m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTE AS.

At a glance

Scorecard

Revenue
68.00m NOK 64.66m NOK
-4.9%
Operating result
+4.29m NOK +3.88m NOK
-9.6%
Net result
+4.09m NOK +3.60m NOK
-12.1%
Equity
6.41m NOK 10.00m NOK
+56.2%
Cash
2.99m NOK 3.87m NOK
+29.5%
Total assets
27.03m NOK 25.14m NOK
-7.0%

What improved

  • ↑

    Equity strengthened

    Book equity 6.41m NOK → 10.00m NOK (equity ratio 23.7% → 39.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.99m NOK → 3.87m NOK (+29.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 9.56m NOK → 9.47m NOK (14% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 68.00m NOK to 64.66m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.29m NOK → +3.88m NOK (op. margin 6.3% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +4.09m NOK → +3.60m NOK (net margin 6.0% → 5.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 46.62m NOK → 43.91m NOK (-5.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 344.3k NOK → 74.8k NOK. Reported fact