AKASIE SPRÅKTJENESTER AS: årsregnskap 2020 vs 2019
Grew 37% on revenue, stronger earnings
approved 2021-02-15; registry 2021-03-22; journal 2021 162354
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKASIE SPRÅKTJENESTER AS. Revenue 2.72m NOK → 3.72m NOK (+36.7%). Net result +24.0k NOK → +345.3k NOK. Equity 201.3k NOK → 246.7k 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 moved. All figures are taken from the published annual accounts for AKASIE SPRÅKTJENESTER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.72m NOK to 3.72m NOK (+36.7% YoY). Calculated
-
↑
Operating result improved
Operating result +30.2k NOK → +436.7k NOK (op. margin 1.1% → 11.7%). Calculated
-
↑
Net result improved
Net result +24.0k NOK → +345.3k NOK (net margin 0.9% → 9.3%). Calculated
-
↑
Equity strengthened
Book equity 201.3k NOK → 246.7k NOK (equity ratio 23.7% → 275.0%). Calculated
-
↑
Cash rose
Bank deposits 656.8k NOK → 798.5k NOK (+21.6% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.31× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.38m NOK → 1.40m NOK (51% → 38% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 178.3k NOK → 762.0k NOK (+327.5% YoY). Calculated