Org.nr 916 209 835 2019 → 2020 Year-over-year analysis

ACILLES AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-25; registry 2021-05-29; journal 2021 343279

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACILLES AS. Net result +11.4k NOK → -8 125 NOK. Equity -13.2k NOK → -21.3k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACILLES AS.

Scorecard

Operating result
+11.4k NOK -8 125 NOK
-171.1%
Net result
+11.4k NOK -8 125 NOK
-171.1%
Equity
-13.2k NOK -21.3k NOK
-61.7%
Cash
271 NOK 707 NOK
+160.9%
Total assets
1.25m NOK 1.25m NOK
0.0%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.90× → 2.35×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +11.4k NOK → -8 125 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 11.4k NOK profit to a loss of 8 125 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -13.2k NOK → -21.3k NOK (equity ratio -1.1% → -1.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.25m NOK → 3 NOK. Reported fact