ACME VENTURES AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-06-30; registry 2021-09-07; journal 2021 677424
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACME VENTURES AS. Net result -1.37m NOK → +3.33m NOK. Equity 9.01m NOK → 12.35m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACME VENTURES AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 1.37m NOK to a profit of 3.33m NOK. Calculated
-
↑
Equity strengthened
Book equity 9.01m NOK → 12.35m NOK (equity ratio 81.8% → 84.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -24.1k NOK → -43.5k NOK. Calculated
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↓
Cash fell
Bank deposits 357.6k NOK → 157.6k NOK (-55.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.51× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 NOK → 14.37m NOK. Reported fact