Org.nr 924 927 100 2020 → 2021 Year-over-year analysis

ACORP CONSTRUCTION AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2022-10-26; registry 2022-11-01; journal 2022 940792

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACORP CONSTRUCTION AS. Revenue 6 600 NOK → 0 NOK (-100.0%). Net result -1.22m NOK → -3.74m NOK. Equity 25.7k NOK → 10.52m 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: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACORP CONSTRUCTION AS.

Scorecard

Revenue
6 600 NOK 0 NOK
-100.0%
Operating result
-1 569 NOK -3.72m NOK
-236847.0%
Net result
-1.22m NOK -3.74m NOK
-205.2%
Equity
25.7k NOK 10.52m NOK
+40923.1%
Cash
581.5k NOK 831.2k NOK
+42.9%
Total assets
3.72m NOK 41.21m NOK
+1008.2%

What improved

  • ↑

    Equity strengthened

    Book equity 25.7k NOK → 10.52m NOK (equity ratio 0.7% → 25.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 581.5k NOK → 831.2k NOK (+42.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 249 NOK → 524.9k NOK (+523.6k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6 600 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1 569 NOK → -3.72m NOK. Calculated

  • ↓

    Net result weakened

    Net result -1.22m NOK → -3.74m NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1410.60× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 95.2k NOK → 2.25m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 400 NOK → 1.65m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 4. Reported fact