ACEA PROPERTIES AS: årsregnskap 2021 vs 2020
Grew 100% on revenue, returned to profit, cash halved-plus
approved 2022-06-30; registry 2022-08-18; journal 2022 886031
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACEA PROPERTIES AS. Revenue -170.0k NOK → 0 NOK (+100.0%). Net result -3.11m NOK → +68.54m NOK. Equity 117.83m NOK → 94.97m NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.
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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↑
Revenue rose
Operating income / revenue moved from -170.0k NOK to 0 NOK (+100.0% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 3.11m NOK to a profit of 68.54m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4.20m NOK → -16.99m NOK. Calculated
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↓
Equity eroded
Book equity 117.83m NOK → 94.97m NOK (equity ratio 56.0% → 23.7%). Calculated
-
↓
Cash fell
Bank deposits 342.1k NOK → 21.9k NOK (-93.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 209.58m NOK → 4 955 NOK. Reported fact