FirmaIQ
Org.nr 999 511 643 2019 → 2020 Year-over-year analysis

ACA PROPERTY AS: årsregnskap 2020 vs 2019

Shrank 8% on revenue, weaker earnings

approved 2021-05-31; registry 2021-06-07; journal 2021 400617

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACA PROPERTY AS. Revenue 711.5k NOK → 657.0k NOK (-7.7%). Net result -93.6k NOK → -288.0k NOK. Equity 586.9k NOK → 298.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACA PROPERTY AS.

At a glance

Scorecard

Revenue
711.5k NOK 657.0k NOK
-7.7%
Operating result
+211.8k NOK -15.8k NOK
-107.5%
Net result
-93.6k NOK -288.0k NOK
-207.7%
Equity
586.9k NOK 298.9k NOK
-49.1%
Cash
22.2k NOK 915.7k NOK
+4028.3%
Total assets
7.68m NOK 6.24m NOK
-18.7%

What improved

  • ↑

    Cash rose

    Bank deposits 22.2k NOK → 915.7k NOK (+4028.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 711.5k NOK to 657.0k NOK (-7.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +211.8k NOK → -15.8k NOK (op. margin 29.8% → -2.4%). Calculated

  • ↓

    Net result weakened

    Net result -93.6k NOK → -288.0k NOK (net margin -13.2% → -43.8%). Calculated

  • ↓

    Equity eroded

    Book equity 586.9k NOK → 298.9k NOK (equity ratio 7.6% → 4.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation