Org.nr 920 510 515 2020 → 2021 Year-over-year analysis

ACS PROSJEKT AS: årsregnskap 2021 vs 2020

Grew 118% on revenue, returned to profit

approved 2022-06-30; registry 2022-07-09; journal 2022 664400

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACS PROSJEKT AS. Revenue 174.2k NOK → 380.0k NOK (+118.1%). Net result -8 207 NOK → +216.6k NOK. Equity -240.5k NOK → -23.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACS PROSJEKT AS.

Scorecard

Revenue
174.2k NOK 380.0k NOK
+118.1%
Operating result
-8 207 NOK +227.6k NOK
+2873.0%
Net result
-8 207 NOK +216.6k NOK
+2739.3%
Equity
-240.5k NOK -23.9k NOK
+90.1%
Cash
-80 NOK 158.6k NOK
+198393.8%
Total assets
48 NOK 1.22m NOK
+2551606.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 174.2k NOK to 380.0k NOK (+118.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -8 207 NOK → +227.6k NOK (op. margin -4.7% → 59.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 8 207 NOK to a profit of 216.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -240.5k NOK → -23.9k NOK (equity ratio -500985.4% → -1.9%). Calculated

  • ↑

    Cash rose

    Bank deposits -80 NOK → 158.6k NOK (+198393.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 346.5k NOK → 147.7k NOK (-57.4% YoY). Calculated