ACUS AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue
approved 2021-09-30; registry 2021-10-05; journal 2021 876232
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACUS AS. Revenue 1.03m NOK → 763.2k NOK (-25.7%). Net result -815.7k NOK → -963.8k NOK. Equity -46.8k NOK → -1.01m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACUS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.03m NOK to 763.2k NOK (-25.7% YoY). Calculated
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Operating result weakened
Operating result -781.7k NOK → -931.9k NOK (op. margin -76.1% → -122.1%). Calculated
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↓
Net result weakened
Net result -815.7k NOK → -963.8k NOK (net margin -79.4% → -126.3%). Calculated
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Equity eroded
Book equity -46.8k NOK → -1.01m NOK (equity ratio -1.3% → -34.0%). Calculated
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Cash fell
Bank deposits 559.5k NOK → 445.9k NOK (-20.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -34.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation