FirmaIQ
Org.nr 912 379 256 2020 → 2021 Year-over-year analysis

ACF-CO AS: årsregnskap 2021 vs 2020

Shrank 43% on revenue, weaker earnings

approved 2022-06-27; registry 2022-06-29; journal 2022 547399

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACF-CO AS. Revenue 3.05m NOK → 1.73m NOK (-43.2%). Net result +1.44m NOK → +909.2k NOK. Equity 112.0k NOK → 112.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACF-CO AS.

At a glance

Scorecard

Revenue
3.05m NOK 1.73m NOK
-43.2%
Operating result
+1.86m NOK +1.17m NOK
-37.1%
Net result
+1.44m NOK +909.2k NOK
-36.9%
Equity
112.0k NOK 112.0k NOK
0.0%
Cash
25.3k NOK 14.1k NOK
-44.4%
Total assets
4.80m NOK 5.97m NOK
+24.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 929.3k NOK → 392.8k NOK (30% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.05m NOK to 1.73m NOK (-43.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.86m NOK → +1.17m NOK (op. margin 60.9% → 67.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.44m NOK → +909.2k NOK (net margin 47.2% → 52.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 25.3k NOK → 14.1k NOK (-44.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact