FirmaIQ
Org.nr 997 657 020 2020 → 2021 Year-over-year analysis

ACO NORDIC AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-03-15; registry 2022-04-07; journal 2022 179113

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACO NORDIC AS. Revenue 32.40m NOK → 31.27m NOK (-3.5%). Net result -407.3k NOK → -1.50m NOK. Equity 3.83m NOK → 5.21m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACO NORDIC AS.

At a glance

Scorecard

Revenue
32.40m NOK 31.27m NOK
-3.5%
Operating result
-197.6k NOK -2.00m NOK
-913.4%
Net result
-407.3k NOK -1.50m NOK
-269.1%
Equity
3.83m NOK 5.21m NOK
+36.1%
Cash
312.5k NOK 340.4k NOK
+8.9%
Total assets
15.73m NOK 19.69m NOK
+25.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.83m NOK → 5.21m NOK (equity ratio 24.3% → 26.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 312.5k NOK → 340.4k NOK (+8.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 21.66m NOK → 24.55m NOK (+2.89m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 32.40m NOK to 31.27m NOK (-3.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -197.6k NOK → -2.00m NOK (op. margin -0.6% → -6.4%). Calculated

  • ↓

    Net result weakened

    Net result -407.3k NOK → -1.50m NOK (net margin -1.3% → -4.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7.66m NOK → 9.05m NOK (24% → 29% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.45m NOK → 18.58m NOK (-4.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 8. Reported fact