FirmaIQ
Org.nr 920 899 587 2019 → 2020 Year-over-year analysis

AC JUEL AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2021-04-21; registry 2021-05-31; journal 2021 245663

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AC JUEL AS. Revenue 242 NOK → 0 NOK (-100.0%). Net result +435.8k NOK → +665.5k NOK. Equity 11.50m NOK → 3.69m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for AC JUEL AS.

At a glance

Scorecard

Revenue
242 NOK 0 NOK
-100.0%
Operating result
-139.1k NOK -46.3k NOK
+66.7%
Net result
+435.8k NOK +665.5k NOK
+52.7%
Equity
11.50m NOK 3.69m NOK
-67.9%
Cash
6.74m NOK 503.7k NOK
-92.5%
Total assets
11.52m NOK 3.73m NOK
-67.6%

What improved

  • ↑

    Operating result improved

    Operating result -139.1k NOK → -46.3k NOK. Calculated

  • ↑

    Net result improved

    Net result +435.8k NOK → +665.5k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 242 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 11.50m NOK → 3.69m NOK (equity ratio 99.8% → 98.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.74m NOK → 503.7k NOK (-92.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (6.74m NOK → 503.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 7.29m NOK → 72.2k NOK — check capital reduction, conversion, or reclassification. Interpretation