FirmaIQ
Org.nr 990 542 961 2019 → 2020 Year-over-year analysis

ACUFRIEND AS: årsregnskap 2020 vs 2019

Grew 32% on revenue

approved 2021-04-26; registry 2021-09-06; journal 2021 730264

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACUFRIEND AS. Revenue 2 683 NOK → 3 544 NOK (+32.1%). Net result -20.4k NOK → -23.5k NOK. Equity -477.9k NOK → -501.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACUFRIEND AS.

At a glance

Scorecard

Revenue
2 683 NOK 3 544 NOK
+32.1%
Operating result
-20.8k NOK -23.9k NOK
-14.5%
Net result
-20.4k NOK -23.5k NOK
-15.1%
Equity
-477.9k NOK -501.4k NOK
-4.9%
Cash
4 298 NOK 2 179 NOK
-49.3%
Total assets
283.2k NOK 281.5k NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 683 NOK to 3 544 NOK (+32.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.8k NOK → -23.9k NOK (op. margin -776.3% → -673.2%). Calculated

  • ↓

    Net result weakened

    Net result -20.4k NOK → -23.5k NOK (net margin -760.8% → -662.7%). Calculated

  • ↓

    Equity eroded

    Book equity -477.9k NOK → -501.4k NOK (equity ratio -168.7% → -178.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 298 NOK → 2 179 NOK (-49.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -178.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation