Org.nr 899 309 162 2019 → 2020 Year-over-year analysis

ACAX DEVELOPMENT AS: årsregnskap 2020 vs 2019

Mixed movements in the accounts

approved 2021-09-15; registry 2022-04-07; journal 2022 193963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACAX DEVELOPMENT AS. Equity -16.5k NOK → -18.6k NOK.

On the constructive side: operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACAX DEVELOPMENT AS.

Scorecard

Operating result
-2 492 NOK -2 081 NOK
+16.5%
Net result
-2 492 NOK n/m
—
Equity
-16.5k NOK -18.6k NOK
-12.6%
Cash
3 132 NOK 3 132 NOK
0.0%
Total assets
3 132 NOK 3 132 NOK
0.0%

What improved

  • ↑

    Operating result improved

    Operating result -2 492 NOK → -2 081 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -16.5k NOK → -18.6k NOK (equity ratio -526.0% → -592.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -592.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation