ACMOTECH AS: årsregnskap 2021 vs 2020
Shrank 47% on revenue, returned to profit, cash halved-plus
approved 2022-06-29; registry 2022-07-02; journal 2022 580492
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACMOTECH AS. Revenue 695.1k NOK → 368.6k NOK (-47.0%). Net result -397.9k NOK → +39.6k NOK. Equity -522.4k NOK → -481.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACMOTECH AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -394.0k NOK → +40.6k NOK (op. margin -56.7% → 11.0%). Calculated
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Turned profitable
Net result flipped from a loss of 397.9k NOK to a profit of 39.6k NOK. Calculated
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Equity strengthened
Book equity -522.4k NOK → -481.2k NOK (equity ratio -220.4% → -125.2%). Calculated
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Payroll decreased
Salary cost 6.46m NOK → 96.0k NOK (929% → 26% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 695.1k NOK to 368.6k NOK (-47.0% YoY). Calculated
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↓
Cash fell
Bank deposits 1 659 NOK → -16 NOK (-101.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.21m NOK → 41.3k NOK (-96.6% YoY). Calculated