FirmaIQ
Org.nr 981 205 219 2019 → 2020 Year-over-year analysis

ACUSTUS MASKINERING OG HYDRAULIKK AS: årsregnskap 2020 vs 2019

Grew 40% on revenue, stronger earnings

approved 2021-06-07; registry 2021-07-20; journal 2021 509727

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACUSTUS MASKINERING OG HYDRAULIKK AS. Revenue 7.18m NOK → 10.04m NOK (+39.8%). Net result +24.1k NOK → +4.47m NOK. Equity 574.1k NOK → 557.3k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACUSTUS MASKINERING OG HYDRAULIKK AS.

At a glance

Scorecard

Revenue
7.18m NOK 10.04m NOK
+39.8%
Operating result
+51.2k NOK +617.8k NOK
+1105.7%
Net result
+24.1k NOK +4.47m NOK
+18419.6%
Equity
574.1k NOK 557.3k NOK
-2.9%
Cash
160.1k NOK 156.5k NOK
-2.3%
Total assets
2.17m NOK 2.23m NOK
+2.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.18m NOK to 10.04m NOK (+39.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.2k NOK → +617.8k NOK (op. margin 0.7% → 6.2%). Calculated

  • ↑

    Net result improved

    Net result +24.1k NOK → +4.47m NOK (net margin 0.3% → 44.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 574.1k NOK → 557.3k NOK (equity ratio 26.5% → 25.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 160.1k NOK → 156.5k NOK (-2.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.66m NOK → 3.03m NOK (37% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.05m NOK → 3.93m NOK (+91.4% YoY). Calculated