FirmaIQ
Org.nr 923 148 442 2020 → 2021 Year-over-year analysis

ACTE AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2021-06-23; registry 2021-07-13; journal 2021 479597

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACTE AS. Revenue 64.66m NOK → 65.24m NOK (+0.9%). Net result +3.60m NOK → +2.74m NOK. Equity 10.00m NOK → 9.74m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTE AS.

At a glance

Scorecard

Revenue
64.66m NOK 65.24m NOK
+0.9%
Operating result
+3.88m NOK +4.34m NOK
+11.9%
Net result
+3.60m NOK +2.74m NOK
-23.9%
Equity
10.00m NOK 9.74m NOK
-2.6%
Cash
3.87m NOK 4.22m NOK
+8.8%
Total assets
25.14m NOK 19.66m NOK
-21.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 64.66m NOK to 65.24m NOK (+0.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.88m NOK → +4.34m NOK (op. margin 6.0% → 6.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.87m NOK → 4.22m NOK (+8.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 9.47m NOK → 8.55m NOK (15% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.60m NOK → +2.74m NOK (net margin 5.6% → 4.2%). Calculated

  • ↓

    Equity eroded

    Book equity 10.00m NOK → 9.74m NOK (equity ratio 39.8% → 49.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 43.91m NOK → 46.23m NOK (+5.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 74.8k NOK → -56.2k NOK. Reported fact