ACTIC NORGE AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-06-30; registry 2022-08-30; journal 2022 909532
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIC NORGE AS. Revenue 97.01m NOK → 97.93m NOK (+0.9%). Net result -27.55m NOK → -15.24m NOK. Equity 19.64m NOK → 4.40m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ACTIC NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 97.01m NOK to 97.93m NOK (+0.9% YoY). Calculated
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↑
Operating result improved
Operating result -27.13m NOK → -15.01m NOK (op. margin -28.0% → -15.3%). Calculated
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↑
Net result improved
Net result -27.55m NOK → -15.24m NOK (net margin -28.4% → -15.6%). Calculated
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↑
Cash rose
Bank deposits 1.11m NOK → 1.25m NOK (+12.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 19.64m NOK → 4.40m NOK (equity ratio 24.3% → 8.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 36.13m NOK → 36.62m NOK (37% → 37% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 4.80m NOK → 802.7k NOK (-83.3% YoY). Calculated