Org.nr 979 288 662 2020 → 2021 Year-over-year analysis

ACANE AS: årsregnskap 2021 vs 2020

Grew 359% on revenue, returned to profit

approved 2022-10-13; registry 2022-10-18; journal 2022 937931

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACANE AS. Revenue -6.05m NOK → 15.66m NOK (+358.9%). Net result -6.47m NOK → +14.65m NOK. Equity 4.14bn NOK → 3.15bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACANE AS.

Scorecard

Revenue
-6.05m NOK 15.66m NOK
+358.9%
Operating result
-6.91m NOK +14.61m NOK
+311.3%
Net result
-6.47m NOK +14.65m NOK
+326.6%
Equity
4.14bn NOK 3.15bn NOK
-24.0%
Cash
17.92m NOK 13.32m NOK
-25.6%
Total assets
142.05m NOK 148.49m NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -6.05m NOK to 15.66m NOK (+358.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -6.91m NOK → +14.61m NOK (op. margin 114.3% → 93.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6.47m NOK to a profit of 14.65m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.14bn NOK → 3.15bn NOK (equity ratio 2915.8% → 2120.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.92m NOK → 13.32m NOK (-25.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.31m NOK → 1.30m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 57.32m NOK → 84.33m NOK. Reported fact