Org.nr 917 625 093 2020 → 2021 Year-over-year analysis

ACVT HOLDING AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-05-24; registry 2022-05-28; journal 2022 349306

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACVT HOLDING AS. Net result -3 155 NOK → -4 252 NOK. Equity 8 624 NOK → 4 372 NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Operating result
-3 158 NOK -4 252 NOK
-34.6%
Net result
-3 155 NOK -4 252 NOK
-34.8%
Equity
8 624 NOK 4 372 NOK
-49.3%
Cash
8 624 NOK 4 371 NOK
-49.3%
Total assets
248.6k NOK 244.4k NOK
-1.7%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 158 NOK → -4 252 NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 155 NOK → -4 252 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8 624 NOK → 4 372 NOK (equity ratio 3.5% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 8 624 NOK → 4 371 NOK (-49.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 202.60× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 200 NOK → 200.0k NOK. Reported fact