ACJ AS: årsregnskap 2020 vs 2019
Shrank 33% on revenue, stronger earnings, fresh owner capital
approved 2021-08-31; registry 2021-10-14; journal 2021 817967
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACJ AS. Revenue 7.30m NOK → 4.91m NOK (-32.7%). Net result -486.1k NOK → -37.0k NOK. Equity 67.1k NOK → 10.50m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACJ AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -619.2k NOK → -43.5k NOK (op. margin -8.5% → -0.9%). Calculated
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↑
Net result improved
Net result -486.1k NOK → -37.0k NOK (net margin -6.7% → -0.8%). Calculated
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↑
Equity strengthened
Book equity 67.1k NOK → 10.50m NOK (equity ratio 2.9% → 437.3%). Calculated
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↑
Cash rose
Bank deposits 434.9k NOK → 465.5k NOK (+7.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.84× → 1.13×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.30m NOK to 4.91m NOK (-32.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.20m NOK → 1.18m NOK (-46.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 20.9k NOK → 39.9k NOK. Reported fact