ACRYLICON NORGE AS: årsregnskap 2021 vs 2020
Shrank 9% on revenue, returned to profit, fresh owner capital
approved 2022-06-30; registry 2022-07-12; journal 2022 623808
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACRYLICON NORGE AS. Revenue 35.57m NOK → 32.29m NOK (-9.2%). Net result -3.29m NOK → +2.13m NOK. Equity 12.44m NOK → 21.19m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -3.63m NOK → +3.05m NOK (op. margin -10.2% → 9.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 3.29m NOK to a profit of 2.13m NOK. Calculated
-
↑
Equity strengthened
Book equity 12.44m NOK → 21.19m NOK (equity ratio 29.4% → 38.6%). Calculated
-
↑
Cash rose
Bank deposits 600.5k NOK → 2.41m NOK (+300.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.91× → 1.90×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 35.57m NOK to 32.29m NOK (-9.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.08m NOK → 2.75m NOK (6% → 9% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 25.21m NOK → 22.05m NOK (-12.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 26.43m NOK → 6 755 NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 2 → 2.3. Reported fact