ACO PUKK AS: årsregnskap 2021 vs 2020
Shrank 31% on revenue, slipped into loss
approved 2022-05-18; registry 2022-06-15; journal 2022 454533
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACO PUKK AS. Revenue 314.8k NOK → 216.9k NOK (-31.1%). Net result +56.4k NOK → -174.1k NOK. Equity 146.2k NOK → -27.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACO PUKK AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 68.5k NOK → 91.4k NOK (+33.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 314.8k NOK to 216.9k NOK (-31.1% YoY). Calculated
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↓
Operating result weakened
Operating result +75.1k NOK → -174.7k NOK (op. margin 23.8% → -80.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 56.4k NOK profit to a loss of 174.1k NOK. Calculated
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↓
Equity eroded
Book equity 146.2k NOK → -27.8k NOK (equity ratio 40.6% → -16.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation