ACFOTO AS: årsregnskap 2021 vs 2020
Shrank 31% on revenue, returned to profit
approved 2022-05-03; registry 2022-05-05; journal 2022 261556
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACFOTO AS. Revenue 112.9k NOK → 77.5k NOK (-31.4%). Net result -144.6k NOK → +761 NOK. Equity 12 NOK → 14.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -144.5k NOK → +567 NOK (op. margin -128.0% → 0.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 144.6k NOK to a profit of 761 NOK. Calculated
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↑
Equity strengthened
Book equity 12 NOK → 14.0k NOK (equity ratio 0.0% → 33.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 1.38×. Calculated
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↑
Payroll decreased
Salary cost 182.3k NOK → 3 NOK (161% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 112.9k NOK to 77.5k NOK (-31.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 42.7k NOK → 37.9k NOK (-11.1% YoY). Calculated