ACVT HOLDING AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-06-14; registry 2021-06-24; journal 2021 472535
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACVT HOLDING AS. Net result -3 865 NOK → -3 155 NOK. Equity 11.8k NOK → 8 624 NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACVT HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -3 872 NOK → -3 158 NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.27× → 202.60×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 11.8k NOK → 8 624 NOK (equity ratio 5.8% → 3.5%). Calculated
-
↓
Cash fell
Bank deposits 11.8k NOK → 8 624 NOK (-26.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 150.0k NOK → 200 NOK. Reported fact