FirmaIQ
Org.nr 998 052 165 2019 → 2020 Year-over-year analysis

ACTRONICS AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-01-31; registry 2021-03-01; journal 2021 130662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTRONICS AS. Revenue 3.62m NOK → 3.57m NOK (-1.3%). Net result +72.4k NOK → -152.3k NOK. Equity -172.9k NOK → -325.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTRONICS AS.

At a glance

Scorecard

Revenue
3.62m NOK 3.57m NOK
-1.3%
Operating result
+120.6k NOK -96.7k NOK
-180.1%
Net result
+72.4k NOK -152.3k NOK
-310.4%
Equity
-172.9k NOK -325.2k NOK
-88.1%
Cash
71.3k NOK 3 120 NOK
-95.6%
Total assets
392.7k NOK 506.2k NOK
+28.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.62m NOK to 3.57m NOK (-1.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +120.6k NOK → -96.7k NOK (op. margin 3.3% → -2.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 72.4k NOK profit to a loss of 152.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -172.9k NOK → -325.2k NOK (equity ratio -44.0% → -64.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 71.3k NOK → 3 120 NOK (-95.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -64.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation