FirmaIQ
Org.nr 987 840 846 2020 → 2021 Year-over-year analysis

ACS FINANS AS: årsregnskap 2021 vs 2020

Grew 5% on revenue, stronger earnings

approved 2022-06-28; registry 2022-07-07; journal 2022 592916

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACS FINANS AS. Revenue 6.84m NOK → 7.18m NOK (+5.1%). Net result +1 052 NOK → +21.0k NOK. Equity 11.13m NOK → 146.5k NOK.

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

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

At a glance

Scorecard

Revenue
6.84m NOK 7.18m NOK
+5.1%
Operating result
+51.0k NOK +77.6k NOK
+52.1%
Net result
+1 052 NOK +21.0k NOK
+1893.1%
Equity
11.13m NOK 146.5k NOK
-98.7%
Cash
210.3k NOK 307.2k NOK
+46.1%
Total assets
1.84m NOK 1.74m NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.84m NOK to 7.18m NOK (+5.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.0k NOK → +77.6k NOK (op. margin 0.7% → 1.1%). Calculated

  • ↑

    Net result improved

    Net result +1 052 NOK → +21.0k NOK (net margin 0.0% → 0.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 210.3k NOK → 307.2k NOK (+46.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.13m NOK → 146.5k NOK (equity ratio 603.3% → 8.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation