Org.nr 923 241 388 2020 → 2021 Year-over-year analysis

ACROBAT AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2022-05-31; registry 2022-06-02; journal 2022 398091

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACROBAT AS. Revenue 17.4k NOK → 0 NOK (-100.0%). Net result -26.4k NOK → -2 305 NOK. Equity -258 NOK → -2 563 NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACROBAT AS.

Scorecard

Revenue
17.4k NOK 0 NOK
-100.0%
Operating result
-26.4k NOK -2 305 NOK
+91.3%
Net result
-26.4k NOK -2 305 NOK
+91.3%
Equity
-258 NOK -2 563 NOK
-893.4%
Cash
6 301 NOK 3 034 NOK
-51.8%
Total assets
6 301 NOK 3 034 NOK
-51.8%

What improved

  • ↑

    Operating result improved

    Operating result -26.4k NOK → -2 305 NOK. Calculated

  • ↑

    Net result improved

    Net result -26.4k NOK → -2 305 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.4k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -258 NOK → -2 563 NOK (equity ratio -4.1% → -84.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 301 NOK → 3 034 NOK (-51.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -84.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation