Org.nr 917 507 805 2020 → 2021 Year-over-year analysis

ACTION AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-19; registry 2022-05-31; journal 2022 375492

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACTION AS. Net result -2.55m NOK → -196.2k NOK. Equity -1.56m NOK → -1.76m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACTION AS.

Scorecard

Operating result
-21.6k NOK -14.2k NOK
+34.5%
Net result
-2.55m NOK -196.2k NOK
+92.3%
Equity
-1.56m NOK -1.76m NOK
-12.6%
Cash
145.1k NOK 163.1k NOK
+12.4%
Total assets
2.40m NOK 2.22m NOK
-7.4%

What improved

  • ↑

    Operating result improved

    Operating result -21.6k NOK → -14.2k NOK. Calculated

  • ↑

    Net result improved

    Net result -2.55m NOK → -196.2k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 145.1k NOK → 163.1k NOK (+12.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.56m NOK → -1.76m NOK (equity ratio -65.2% → -79.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -79.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.25m NOK → 55.9k NOK. Reported fact