ACS PROPERTY 1 AS: årsregnskap 2021 vs 2020
Grew 183% on revenue, stronger earnings, cash halved-plus
approved 2022-08-05; registry 2022-08-08; journal 2022 885603
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACS PROPERTY 1 AS. Revenue 145.7k NOK → 412.2k NOK (+182.9%). Net result -374.2k NOK → -108.0k NOK. Equity -243.8k NOK → -351.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACS PROPERTY 1 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 145.7k NOK to 412.2k NOK (+182.9% YoY). Calculated
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↑
Operating result improved
Operating result -372.3k NOK → -100.5k NOK (op. margin -255.6% → -24.4%). Calculated
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↑
Net result improved
Net result -374.2k NOK → -108.0k NOK (net margin -256.9% → -26.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -243.8k NOK → -351.8k NOK (equity ratio -4846.0% → -4502.5%). Calculated
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↓
Cash fell
Bank deposits 5 030 NOK → 2 026 NOK (-59.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 324.1k NOK → 289.4k NOK (-10.7% YoY). Calculated