FirmaIQ
Org.nr 988 690 341 2019 → 2020 Year-over-year analysis

ACUSTUS HOLDING AS: årsregnskap 2020 vs 2019

Grew 14% on revenue, weaker earnings

registry 2021-07-20; journal 2021 509763

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACUSTUS HOLDING AS. Revenue 3.48m NOK → 3.95m NOK (+13.7%). Net result +4.67m NOK → +2.37m NOK. Equity 13.05m NOK → 13.42m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACUSTUS HOLDING AS.

At a glance

Scorecard

Revenue
3.48m NOK 3.95m NOK
+13.7%
Operating result
+832.0k NOK +322.1k NOK
-61.3%
Net result
+4.67m NOK +2.37m NOK
-49.3%
Equity
13.05m NOK 13.42m NOK
+2.8%
Cash
653.1k NOK 8.77m NOK
+1242.1%
Total assets
20.64m NOK 19.18m NOK
-7.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.48m NOK to 3.95m NOK (+13.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 13.05m NOK → 13.42m NOK (equity ratio 63.2% → 70.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 653.1k NOK → 8.77m NOK (+1242.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +832.0k NOK → +322.1k NOK (op. margin 23.9% → 8.2%). Calculated

  • ↓

    Net result weakened

    Net result +4.67m NOK → +2.37m NOK (net margin 134.4% → 59.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.97m NOK → 2.28m NOK (57% → 58% of revenue). Calculated