ACTINIUM CAPITAL AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings
approved 2021-10-01; registry 2021-10-05; journal 2021 876172
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTINIUM CAPITAL AS. Revenue 250.4k NOK → 250 NOK (-99.9%). Net result -234.9k NOK → -10.2k NOK. Equity -722.4k NOK → -732.6k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTINIUM CAPITAL AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -234.9k NOK → -10.2k NOK (net margin -93.8% → -4097.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 250.4k NOK to 250 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +242.9k NOK → +222.3k NOK (op. margin 97.0% → 88939.6%). Calculated
-
↓
Equity eroded
Book equity -722.4k NOK → -732.6k NOK (equity ratio -13.9% → -14.5%). Calculated
-
↓
Cash fell
Bank deposits 5 012 NOK → 2 757 NOK (-45.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -14.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation