ACAO AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, stronger earnings
approved 2022-03-10; registry 2022-03-31; journal 2022 173815
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACAO AS. Revenue 168.0k NOK → 192 NOK (-99.9%). Net result +1 218 NOK → +83.4k NOK. Equity 857.5k NOK → 640.9k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +3 600 NOK → +106.8k NOK (op. margin 2.1% → 55635.4%). Calculated
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Net result improved
Net result +1 218 NOK → +83.4k NOK (net margin 0.7% → 43456.8%). Calculated
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Cash rose
Bank deposits 138.6k NOK → 340.7k NOK (+145.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 168.0k NOK to 192 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 857.5k NOK → 640.9k NOK (equity ratio 97.8% → 7461.5%). Calculated
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Current ratio dropped below 1×
Current ratio 10.02× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 4 000 NOK → 10.0k NOK (2% → 5208% of revenue). Calculated