AC EIENDOM 2 AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-03-02; registry 2021-03-08; journal 2021 138285
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AC EIENDOM 2 AS. Revenue 606.3k NOK → 596.9k NOK (-1.6%). Net result +205.9k NOK → +135.5k NOK. Equity 2.00m NOK → 2.14m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AC EIENDOM 2 AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.00m NOK → 2.14m NOK (equity ratio 84.2% → 95.0%). Calculated
-
↑
Cash rose
Bank deposits 99.1k NOK → 244.0k NOK (+146.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.92× → 5.76×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 606.3k NOK to 596.9k NOK (-1.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +264.7k NOK → +179.1k NOK (op. margin 43.7% → 30.0%). Calculated
-
↓
Net result weakened
Net result +205.9k NOK → +135.5k NOK (net margin 34.0% → 22.7%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 947.8k NOK → 807.8k NOK. Reported fact