FirmaIQ
Org.nr 964 854 173 2019 → 2020 Year-over-year analysis

ACUSTUS SVEIS AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-07; registry 2021-07-20; journal 2021 509751

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACUSTUS SVEIS AS. Revenue 25.55m NOK → 26.08m NOK (+2.1%). Net result +1.67m NOK → +2.56m NOK. Equity 4.17m NOK → 6.72m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACUSTUS SVEIS AS.

At a glance

Scorecard

Revenue
25.55m NOK 26.08m NOK
+2.1%
Operating result
+2.35m NOK +3.50m NOK
+48.7%
Net result
+1.67m NOK +2.56m NOK
+53.1%
Equity
4.17m NOK 6.72m NOK
+61.4%
Cash
687.8k NOK 710.1k NOK
+3.2%
Total assets
16.48m NOK 29.80m NOK
+80.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.55m NOK to 26.08m NOK (+2.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.35m NOK → +3.50m NOK (op. margin 9.2% → 13.4%). Calculated

  • ↑

    Net result improved

    Net result +1.67m NOK → +2.56m NOK (net margin 6.5% → 9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.17m NOK → 6.72m NOK (equity ratio 25.3% → 22.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 687.8k NOK → 710.1k NOK (+3.2% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.08× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.90m NOK → 13.12m NOK (51% → 50% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.66m NOK → 3.37m NOK (-7.9% YoY). Calculated