ACORN DESIGN AS: årsregnskap 2021 vs 2020
Grew 11% on revenue, weaker earnings
registry 2022-06-30; journal 2022 565248
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACORN DESIGN AS. Revenue 2.12m NOK → 2.34m NOK (+10.5%). Net result +53.2k NOK → +3 496 NOK. Equity 458.0k NOK → 391.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACORN DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.12m NOK to 2.34m NOK (+10.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +106.1k NOK → -2 969 NOK (op. margin 5.0% → -0.1%). Calculated
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↓
Net result weakened
Net result +53.2k NOK → +3 496 NOK (net margin 2.5% → 0.1%). Calculated
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↓
Equity eroded
Book equity 458.0k NOK → 391.5k NOK (equity ratio 61.1% → 65.5%). Calculated
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↓
Cash fell
Bank deposits 286.8k NOK → 220.9k NOK (-23.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.33m NOK → 1.68m NOK (63% → 72% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 35.2k NOK → 63.0k NOK. Reported fact