ACORN VANNRENS AS: årsregnskap 2021 vs 2020
Shrank 57% on revenue, weaker earnings
approved 2022-05-09; registry 2022-05-16; journal 2022 294848
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACORN VANNRENS AS. Revenue 1.42m NOK → 617.8k NOK (-56.6%). Net result +305.8k NOK → +1 050 NOK. Equity 11.55m NOK → 552.3k NOK.
On the constructive side: cash rose. 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 ACORN VANNRENS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 319.8k NOK → 330.4k NOK (+3.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.42m NOK to 617.8k NOK (-56.6% YoY). Calculated
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↓
Operating result weakened
Operating result +346.6k NOK → -133.0k NOK (op. margin 24.3% → -21.5%). Calculated
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↓
Net result weakened
Net result +305.8k NOK → +1 050 NOK (net margin 21.5% → 0.2%). Calculated
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↓
Equity eroded
Book equity 11.55m NOK → 552.3k NOK (equity ratio 1245.2% → 72.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.52m NOK (0% → 408% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 286.6k NOK → 93.4k NOK (-67.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 0.5. Reported fact