AC INVESTORS AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-05-27; registry 2021-09-23; journal 2021 799067
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AC INVESTORS AS. Net result +8 NOK → -13.8k NOK. Equity 31.5k NOK → 17.7k NOK.
Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AC INVESTORS AS.
At a glance
Scorecard
Operating result
n/m
-13.8k NOK
—
Net result
+8 NOK
-13.8k NOK
-172200.0%
Equity
31.5k NOK
17.7k NOK
-43.7%
Cash
31.5k NOK
31.5k NOK
0.0%
Total assets
1.11m NOK
1.11m NOK
0.0%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 8 NOK profit to a loss of 13.8k NOK. Calculated
-
↓
Equity eroded
Book equity 31.5k NOK → 17.7k NOK (equity ratio 2.8% → 1.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1 074 NOK → 1.07m NOK. Reported fact