A.C.G. AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-07-31; registry 2022-08-22; journal 2022 906024
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.C.G. AS. Net result -246.9k NOK → -25.6k NOK. Equity -858.2k NOK → -883.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.C.G. AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -60.9k NOK → -25.6k NOK. Calculated
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↑
Net result improved
Net result -246.9k NOK → -25.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -858.2k NOK → -883.8k NOK (equity ratio -108.8% → -122.5%). Calculated
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↓
Cash fell
Bank deposits 60.6k NOK → 13.9k NOK (-77.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -122.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation