ACTIN TRENINGSSENTER AS: årsregnskap 2020 vs 2019
Shrank 16% on revenue
approved 2021-06-29; registry 2021-09-29; journal 2021 827528
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIN TRENINGSSENTER AS. Revenue 2.05m NOK → 1.73m NOK (-15.6%). Net result -190.5k NOK → -214.4k NOK. Equity 164.6k NOK → 12 NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACTIN TRENINGSSENTER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 37.1k NOK → 131.9k NOK (+255.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 3308.97bn NOK → 2 NOK (161476928% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.05m NOK to 1.73m NOK (-15.6% YoY). Calculated
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↓
Operating result weakened
Operating result -189.5k NOK → -215.7k NOK (op. margin -9.2% → -12.5%). Calculated
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↓
Net result weakened
Net result -190.5k NOK → -214.4k NOK (net margin -9.3% → -12.4%). Calculated
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↓
Equity eroded
Book equity 164.6k NOK → 12 NOK (equity ratio 34.5% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.37× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 231.9k NOK → 125.9k NOK (-45.7% YoY). Calculated