ACEA PROPERTIES AS: årsregnskap 2020 vs 2019
Shrank 100100% on revenue, slipped into loss
approved 2021-07-16; registry 2021-08-23; journal 2021 636996
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACEA PROPERTIES AS. Revenue 170 NOK → -170.0k NOK (-100100.0%). Net result +10.32m NOK → -3.11m NOK. Equity 120.94m NOK → 117.83m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACEA PROPERTIES AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 94.3k NOK → 94 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 170 NOK to -170.0k NOK (-100100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -2.22m NOK → -4.20m NOK (op. margin -1305867.1% → 2468.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 10.32m NOK profit to a loss of 3.11m NOK. Calculated
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↓
Equity eroded
Book equity 120.94m NOK → 117.83m NOK (equity ratio 60.0% → 56.0%). Calculated
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↓
Cash fell
Bank deposits 657.0k NOK → 342.1k NOK (-47.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 198.16m NOK → 209.58m NOK. Reported fact