ACJ AS: årsregnskap 2021 vs 2020
Grew 6% on revenue, returned to profit, cash halved-plus
approved 2022-06-30; registry 2022-07-30; journal 2022 746064
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACJ AS. Revenue 4.91m NOK → 5.19m NOK (+5.5%). Net result -37.0k NOK → +295.7k NOK. Equity 10.50m NOK → 794.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; 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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↑
Revenue rose
Operating income / revenue moved from 4.91m NOK to 5.19m NOK (+5.5% YoY). Calculated
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↑
Operating result improved
Operating result -43.5k NOK → +384.5k NOK (op. margin -0.9% → 7.4%). Calculated
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Turned profitable
Net result flipped from a loss of 37.0k NOK to a profit of 295.7k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.50m NOK → 794.8k NOK (equity ratio 437.3% → 30.6%). Calculated
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↓
Cash fell
Bank deposits 465.5k NOK → 175.5k NOK (-62.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.97m NOK → 2.03m NOK (40% → 39% of revenue). Calculated
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COGS fell
COGS / varekostnad 1.18m NOK → 1.07m NOK (-9.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 39.9k NOK → 64.3k NOK. Reported fact