Org.nr 995 075 040 2020 → 2021 Year-over-year analysis

ACORP HOLDING AS: årsregnskap 2021 vs 2020

A steady year on the published lines

approved 2022-10-26; registry 2022-11-01; journal 2022 940794

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACORP HOLDING AS. Net result +4.74m NOK → +4.85m NOK. Equity 908.4k NOK → 529.2k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACORP HOLDING AS.

Scorecard

Operating result
-67.3k NOK -83.1k NOK
-23.5%
Net result
+4.74m NOK +4.85m NOK
+2.1%
Equity
908.4k NOK 529.2k NOK
-41.7%
Cash
4.26m NOK 2.91m NOK
-31.8%
Total assets
11.24m NOK 17.58m NOK
+56.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -67.3k NOK → -83.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 908.4k NOK → 529.2k NOK (equity ratio 8.1% → 3.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.26m NOK → 2.91m NOK (-31.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 6.45m NOK. Reported fact