FirmaIQ
Org.nr 922 128 995 2019 → 2020 Year-over-year analysis

ACAS HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-04-06; registry 2021-05-31; journal 2021 355069

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACAS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -52.9k NOK → +1.14m NOK. Equity -22.9k NOK → 1.09m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-6 590 NOK -9 173 NOK
-39.2%
Net result
-52.9k NOK +1.14m NOK
+2262.2%
Equity
-22.9k NOK 1.09m NOK
+4866.9%
Cash
23.4k NOK 843.9k NOK
+3502.8%
Total assets
1.88m NOK 2.70m NOK
+43.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 52.9k NOK to a profit of 1.14m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -22.9k NOK → 1.09m NOK (equity ratio -1.2% → 40.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 23.4k NOK → 843.9k NOK (+3502.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.51× → 11.06×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 590 NOK → -9 173 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 851 NOK → 1.85m NOK. Reported fact