Org.nr 921 360 223 2019 → 2020 Year-over-year analysis

ACAS AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-08-26; registry 2021-09-25; journal 2021 735689

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACAS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -13.2k NOK → -14.2k NOK. Equity 76.5k NOK → 62.3k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACAS AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-13.2k NOK -14.1k NOK
-7.5%
Net result
-13.2k NOK -14.2k NOK
-8.1%
Equity
76.5k NOK 62.3k NOK
-18.6%
Cash
970 NOK 4 496 NOK
+363.5%
Total assets
343.8k NOK 89.7k NOK
-73.9%

What improved

  • ↑

    Cash rose

    Bank deposits 970 NOK → 4 496 NOK (+363.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.2k NOK → -14.1k NOK. Calculated

  • ↓

    Net result weakened

    Net result -13.2k NOK → -14.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 76.5k NOK → 62.3k NOK (equity ratio 22.2% → 69.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 58.5k NOK → 67.0k NOK. Reported fact