ACKEN AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-08-11; registry 2021-09-25; journal 2021 736693
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACKEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -17.0k NOK → -26.9k NOK. Equity -15.6k NOK → -42.5k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACKEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 14.0k NOK → 17.1k NOK (+22.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -17.0k NOK → -26.8k NOK. Calculated
-
↓
Net result weakened
Net result -17.0k NOK → -26.9k NOK. Calculated
-
↓
Equity eroded
Book equity -15.6k NOK → -42.5k NOK (equity ratio -59.8% → -145.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -145.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation