ACAO AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-07-05; registry 2021-08-11; journal 2021 620252
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACAO AS. Revenue 168.0k NOK → 168.0k NOK (0.0%). Net result +1.10m NOK → +1 218 NOK. Equity 856.3k NOK → 857.5k NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
168.0k NOK
168.0k NOK
0.0%
Operating result
+42.1k NOK
+3 600 NOK
-91.4%
Net result
+1.10m NOK
+1 218 NOK
-99.9%
Equity
856.3k NOK
857.5k NOK
+0.1%
Cash
327.0k NOK
138.6k NOK
-57.6%
Total assets
1.62m NOK
877.2k NOK
-45.7%
What improved
-
↑
Equity strengthened
Book equity 856.3k NOK → 857.5k NOK (equity ratio 53.0% → 97.8%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +42.1k NOK → +3 600 NOK (op. margin 25.0% → 2.1%). Calculated
-
↓
Net result weakened
Net result +1.10m NOK → +1 218 NOK (net margin 652.8% → 0.7%). Calculated
-
↓
Cash fell
Bank deposits 327.0k NOK → 138.6k NOK (-57.6% YoY). Calculated