ACTRONICS AS: årsregnskap 2021 vs 2020
Shrank 7% on revenue, returned to profit
approved 2022-03-07; registry 2022-07-02; journal 2022 577340
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTRONICS AS. Revenue 3.57m NOK → 3.33m NOK (-6.7%). Net result -152.3k NOK → +31.6k NOK. Equity -325.2k NOK → -293.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACTRONICS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -96.7k NOK → -29.3k NOK (op. margin -2.7% → -0.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 152.3k NOK to a profit of 31.6k NOK. Calculated
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↑
Equity strengthened
Book equity -325.2k NOK → -293.6k NOK (equity ratio -64.2% → -108.0%). Calculated
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↑
Cash rose
Bank deposits 3 120 NOK → 44.9k NOK (+1339.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.57m NOK to 3.33m NOK (-6.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -108.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.26m NOK → 2.03m NOK (-10.1% YoY). Calculated