Org.nr 989 781 707 2020 → 2021 Year-over-year analysis

ACNE NORWAY AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, returned to profit

approved 2021-11-22; registry 2022-01-08; journal 2022 105692

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACNE NORWAY AS. Revenue 68.09m NOK → 62.14m NOK (-8.7%). Net result -2712.93bn NOK → +13 NOK. Equity 20.59m NOK → 17.88m NOK.

On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACNE NORWAY AS.

Scorecard

Revenue
68.09m NOK 62.14m NOK
-8.7%
Operating result
+1.20m NOK -3.56m NOK
-396.7%
Net result
-2712.93bn NOK +13 NOK
+100.0%
Equity
20.59m NOK 17.88m NOK
-13.2%
Cash
13.33m NOK 6.93m NOK
-48.1%
Total assets
37.78m NOK n/m
—

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 2712.93bn NOK to a profit of 13 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 68.09m NOK to 62.14m NOK (-8.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.20m NOK → -3.56m NOK (op. margin 1.8% → -5.7%). Calculated

  • ↓

    Equity eroded

    Book equity 20.59m NOK → 17.88m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 13.33m NOK → 6.93m NOK (-48.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 47.18m NOK → 46.52m NOK (-1.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 879.9k NOK → 881.1k NOK. Reported fact