Org.nr 913 688 007 2019 → 2020 Year-over-year analysis

ACMG HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-07-22; registry 2021-07-26; journal 2021 590838

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACMG HOLDING AS. Net result +72.0k NOK → -403.0k NOK. Equity 196.2k NOK → -206.8k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ACMG HOLDING AS.

Scorecard

Operating result
-37.4k NOK -36.2k NOK
+3.0%
Net result
+72.0k NOK -403.0k NOK
-659.7%
Equity
196.2k NOK -206.8k NOK
-205.4%
Cash
31.2k NOK 23.3k NOK
-25.4%
Total assets
511.0k NOK 351.2k NOK
-31.3%

What improved

  • ↑

    Operating result improved

    Operating result -37.4k NOK → -36.2k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 72.0k NOK profit to a loss of 403.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 196.2k NOK → -206.8k NOK (equity ratio 38.4% → -58.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.2k NOK → 23.3k NOK (-25.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -58.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 60.0k NOK → -206.8k NOK — check capital reduction, conversion, or reclassification. Interpretation