ACTIO TRENING AS: årsregnskap 2020 vs 2019
Shrank 28% on revenue, weaker earnings
approved 2021-06-30; registry 2021-09-27; journal 2021 813221
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIO TRENING AS. Revenue 1.95m NOK → 1.41m NOK (-27.8%). Net result +60.6k NOK → +46.1k NOK. Equity 469.9k NOK → 516.0k NOK.
On the constructive side: equity strengthened; cash rose. 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 ACTIO TRENING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 469.9k NOK → 516.0k NOK (equity ratio 66.3% → 80.2%). Calculated
-
↑
Cash rose
Bank deposits 266.1k NOK → 331.7k NOK (+24.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.95m NOK to 1.41m NOK (-27.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +81.8k NOK → +70.6k NOK (op. margin 4.2% → 5.0%). Calculated
-
↓
Net result weakened
Net result +60.6k NOK → +46.1k NOK (net margin 3.1% → 3.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 393 NOK → 170.2k NOK (0% → 12% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 59.5k NOK → 40.2k NOK (-32.4% YoY). Calculated