FirmaIQ
Org.nr 996 552 330 2019 → 2020 Year-over-year analysis

ACTECAN AS: årsregnskap 2020 vs 2019

Shrank 12% on revenue, slipped into loss

approved 2021-06-30; registry 2021-09-11; journal 2021 747971

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTECAN AS. Revenue 3.94m NOK → 3.45m NOK (-12.5%). Net result +265.2k NOK → -24.6k NOK. Equity 953.1k NOK → 928.5k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.94m NOK 3.45m NOK
-12.5%
Operating result
+317.8k NOK -43.0k NOK
-113.5%
Net result
+265.2k NOK -24.6k NOK
-109.3%
Equity
953.1k NOK 928.5k NOK
-2.6%
Cash
1.62m NOK 1.62m NOK
+0.3%
Total assets
2.58m NOK 2.37m NOK
-8.0%

What improved

  • ↑

    Cash rose

    Bank deposits 1.62m NOK → 1.62m NOK (+0.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.94m NOK to 3.45m NOK (-12.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +317.8k NOK → -43.0k NOK (op. margin 8.1% → -1.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 265.2k NOK profit to a loss of 24.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 953.1k NOK → 928.5k NOK (equity ratio 36.9% → 39.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 3.20m NOK (0% → 93% of revenue). Calculated