ACANTI EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 55% on revenue, slipped into loss, cash halved-plus
approved 2021-04-20; registry 2021-06-16; journal 2021 327701
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACANTI EIENDOM AS. Revenue 8.64m NOK → 3.92m NOK (-54.6%). Net result +2.65m NOK → -3.44m NOK. Equity 8.33m NOK → 4.89m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACANTI EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.65m NOK → 1.50m NOK (19% → 38% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.64m NOK to 3.92m NOK (-54.6% YoY). Calculated
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↓
Operating result weakened
Operating result +3.85m NOK → -4.07m NOK (op. margin 44.6% → -103.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 2.65m NOK profit to a loss of 3.44m NOK. Calculated
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↓
Equity eroded
Book equity 8.33m NOK → 4.89m NOK (equity ratio 27.6% → 20.1%). Calculated
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↓
Cash fell
Bank deposits 9.89m NOK → 3.16m NOK (-68.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.89m NOK → 3.16m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 11.31m NOK → 10.25m NOK. Reported fact