ACTIVE SERVICES AS: årsregnskap 2020 vs 2019
Grew 10% on revenue
approved 2021-06-30; registry 2021-07-22; journal 2021 525422
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIVE SERVICES AS. Revenue 5.56m NOK → 6.13m NOK (+10.2%). Net result +480.3k NOK → +400.6k NOK. Equity 1.51m NOK → 913.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVE SERVICES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.56m NOK to 6.13m NOK (+10.2% YoY). Calculated
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↑
Cash rose
Bank deposits 1.52m NOK → 5.82m NOK (+282.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +616.5k NOK → +510.5k NOK (op. margin 11.1% → 8.3%). Calculated
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↓
Net result weakened
Net result +480.3k NOK → +400.6k NOK (net margin 8.6% → 6.5%). Calculated
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↓
Equity eroded
Book equity 1.51m NOK → 913.7k NOK (equity ratio 59.0% → 46.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.28m NOK → 3.83m NOK (59% → 62% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 380.9k NOK → 491.3k NOK (+29.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 66.7k NOK → 41.7k NOK. Reported fact