ACERTAS AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-07-23; registry 2021-07-28; journal 2021 593237
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACERTAS AS. Revenue 0 NOK → 2.81m NOK. Net result +1.28m NOK → +3.30m NOK. Equity 5.34m NOK → 5.65m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACERTAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 2.81m NOK. Calculated
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↑
Operating result improved
Operating result -19.2k NOK → +2.75m NOK. Calculated
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↑
Net result improved
Net result +1.28m NOK → +3.30m NOK. Calculated
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↑
Equity strengthened
Book equity 5.34m NOK → 5.65m NOK (equity ratio 73.5% → 64.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.08m NOK → 1.23m NOK (-60.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.08m NOK → 1.23m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 73.2k NOK → 3.14m NOK. Reported fact