A.C.G. AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings
approved 2021-09-16; registry 2021-09-27; journal 2021 809393
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.C.G. AS. Revenue 879.3k NOK → 879 NOK (-99.9%). Net result -434.2k NOK → -246.9k NOK. Equity -611.3k NOK → -858.2k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.C.G. AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -500.1k NOK → -60.9k NOK (op. margin -56.9% → -6924.2%). Calculated
-
↑
Net result improved
Net result -434.2k NOK → -246.9k NOK (net margin -49.4% → -28092.6%). Calculated
-
↑
Cash rose
Bank deposits 489 NOK → 60.6k NOK (+12289.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 879.3k NOK to 879 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity -611.3k NOK → -858.2k NOK (equity ratio -56.7% → -108.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -108.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Headcount (årsverk) changed
Reported FTEs 0.4 → 0. Reported fact