ACRYTEC AS: årsregnskap 2021 vs 2020
Grew 223% on revenue, slipped into loss, cash halved-plus
approved 2022-03-02; registry 2022-03-05; journal 2022 133532
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACRYTEC AS. Revenue 285.5k NOK → 922.6k NOK (+223.1%). Net result +246.9k NOK → -212.6k NOK. Equity 4.32m NOK → 104.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYTEC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 285.5k NOK to 922.6k NOK (+223.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +261.3k NOK → -212.0k NOK (op. margin 91.5% → -23.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 246.9k NOK profit to a loss of 212.6k NOK. Calculated
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↓
Equity eroded
Book equity 4.32m NOK → 104.2k NOK (equity ratio 837.3% → 21.4%). Calculated
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↓
Cash fell
Bank deposits 293.9k NOK → 53.5k NOK (-81.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.47× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 625.8k NOK → 704.4k NOK (219% → 76% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 90.7k NOK → 216.6k NOK (+138.7% YoY). Calculated