AC/DC MARINE CONSULT AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-04-05; registry 2021-04-29; journal 2021 212656
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AC/DC MARINE CONSULT AS. Net result -62.3k NOK → -60.3k NOK. Equity -177.4k NOK → -237.7k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC/DC MARINE CONSULT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -62.3k NOK → -60.3k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -177.4k NOK → -237.7k NOK (equity ratio -45.1% → -95.7%). Calculated
-
↓
Cash fell
Bank deposits 393.3k NOK → 248.4k NOK (-36.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -95.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation