ACAPULCO ADVISORS AS: årsregnskap 2020 vs 2019
Grew 24% on revenue, returned to profit
approved 2021-03-17; registry 2021-03-29; journal 2021 177916
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACAPULCO ADVISORS AS. Revenue 475.9k NOK → 590.5k NOK (+24.1%). Net result -578.5k NOK → +351.4k NOK. Equity 9.66m NOK → 909.1k NOK.
On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACAPULCO ADVISORS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 475.9k NOK to 590.5k NOK (+24.1% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 578.5k NOK to a profit of 351.4k NOK. Calculated
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↑
Cash rose
Bank deposits 167.4k NOK → 220.6k NOK (+31.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -1150.59× → 22.71×. Calculated
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↑
Payroll decreased
Salary cost 901.3k NOK → 335.6k NOK (189% → 57% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 9.66m NOK → 909.1k NOK (equity ratio 1469.7% → 96.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 NOK → 205.3k NOK. Reported fact