ACR HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-26; registry 2021-09-15; journal 2021 757738
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACR HOLDING AS. Net result -4 630 NOK → -31.4k NOK. Equity 44.2k NOK → 12.8k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-4 630 NOK
-9 930 NOK
-114.5%
Net result
-4 630 NOK
-31.4k NOK
-577.7%
Equity
44.2k NOK
12.8k NOK
-71.1%
Cash
225 NOK
633.2k NOK
+281333.3%
Total assets
46.3k NOK
26.7k NOK
-42.4%
What improved
-
↑
Cash rose
Bank deposits 225 NOK → 633.2k NOK (+281333.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -4 630 NOK → -9 930 NOK. Calculated
-
↓
Net result weakened
Net result -4 630 NOK → -31.4k NOK. Calculated
-
↓
Equity eroded
Book equity 44.2k NOK → 12.8k NOK (equity ratio 95.4% → 48.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.40× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated