FirmaIQ
Org.nr 984 975 171 2019 → 2020 Year-over-year analysis

ACTUS AS: årsregnskap 2020 vs 2019

Grew 21% on revenue, stronger earnings

approved 2021-03-03; registry 2021-03-08; journal 2021 138491

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTUS AS. Revenue 10.17m NOK → 12.33m NOK (+21.3%). Net result +1.18m NOK → +4.34m NOK. Equity 100.0k NOK → 100.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACTUS AS.

At a glance

Scorecard

Revenue
10.17m NOK 12.33m NOK
+21.3%
Operating result
+1.52m NOK +5.56m NOK
+267.2%
Net result
+1.18m NOK +4.34m NOK
+267.9%
Equity
100.0k NOK 100.0k NOK
0.0%
Cash
3.81m NOK 6.16m NOK
+61.5%
Total assets
4.26m NOK 6.77m NOK
+58.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.17m NOK to 12.33m NOK (+21.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.52m NOK → +5.56m NOK (op. margin 14.9% → 45.1%). Calculated

  • ↑

    Net result improved

    Net result +1.18m NOK → +4.34m NOK (net margin 11.6% → 35.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.81m NOK → 6.16m NOK (+61.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.96m NOK → 4.40m NOK (59% → 36% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.90m NOK → 1.71m NOK (-10.4% YoY). Calculated