Org.nr 889 231 742 2020 → 2021 Year-over-year analysis

ACP HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-06-21; registry 2022-06-27; journal 2022 519822

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACP HOLDING AS. Net result +7.15m NOK → +2.42m NOK. Equity 20.35m NOK → 16.86m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACP HOLDING AS.

At a glance

Operating result

-32.4k NOK -88.3k NOK

-172.6%

Net result

+7.15m NOK +2.42m NOK

-66.2%

Equity

20.35m NOK 16.86m NOK

-17.2%

Cash

11.13m NOK 518.9k NOK

-95.3%

Total assets

20.38m NOK 24.49m NOK

+20.1%

↓
Operating result weakened

Operating result -32.4k NOK → -88.3k NOK. Calculated
↓
Net result weakened

Net result +7.15m NOK → +2.42m NOK. Calculated
↓
Equity eroded

Book equity 20.35m NOK → 16.86m NOK (equity ratio 99.9% → 68.9%). Calculated
↓
Cash fell

Bank deposits 11.13m NOK → 518.9k NOK (-95.3% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (11.13m NOK → 518.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation