ACDN WORKS AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-05-31; registry 2021-06-22; journal 2021 382008
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACDN WORKS AS. Net result +67.1k NOK → +37.1k NOK. Equity 5.51m NOK → 4.91m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-17.5k NOK
-21.9k NOK
-25.0%
Net result
+67.1k NOK
+37.1k NOK
-44.8%
Equity
5.51m NOK
4.91m NOK
-10.9%
Cash
2.83m NOK
1.47m NOK
-48.1%
Total assets
6.14m NOK
4.93m NOK
-19.8%
What deteriorated
-
↓
Operating result weakened
Operating result -17.5k NOK → -21.9k NOK. Calculated
-
↓
Net result weakened
Net result +67.1k NOK → +37.1k NOK. Calculated
-
↓
Equity eroded
Book equity 5.51m NOK → 4.91m NOK (equity ratio 89.8% → 99.7%). Calculated
-
↓
Cash fell
Bank deposits 2.83m NOK → 1.47m NOK (-48.1% YoY). Calculated