FirmaIQ
Org.nr 986 230 513 2020 → 2021 Year-over-year analysis

AC DESIGNTECH AS: årsregnskap 2021 vs 2020

Shrank 64% on revenue, weaker earnings, cash halved-plus

approved 2022-04-23; registry 2022-05-04; journal 2022 251830

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AC DESIGNTECH AS. Revenue 976.3k NOK → 350.0k NOK (-64.1%). Net result +536.4k NOK → +197.4k NOK. Equity 831.5k NOK → 429.0k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
976.3k NOK 350.0k NOK
-64.1%
Operating result
+576.3k NOK +254.5k NOK
-55.8%
Net result
+536.4k NOK +197.4k NOK
-63.2%
Equity
831.5k NOK 429.0k NOK
-48.4%
Cash
833.6k NOK 411.6k NOK
-50.6%
Total assets
921.3k NOK 490.9k NOK
-46.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 976.3k NOK to 350.0k NOK (-64.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +576.3k NOK → +254.5k NOK (op. margin 59.0% → 72.7%). Calculated

  • ↓

    Net result weakened

    Net result +536.4k NOK → +197.4k NOK (net margin 54.9% → 56.4%). Calculated

  • ↓

    Equity eroded

    Book equity 831.5k NOK → 429.0k NOK (equity ratio 90.3% → 87.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 833.6k NOK → 411.6k NOK (-50.6% YoY). Calculated