123 MASKIN AS: årsregnskap 2020 vs 2019
Shrank 99% on revenue, stronger earnings, cash halved-plus
approved 2021-06-30; registry 2021-07-29; journal 2021 595958
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 123 MASKIN AS. Revenue 1.62m NOK → 20.0k NOK (-98.8%). Net result -409.8k NOK → -7 405 NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 123 MASKIN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -416.6k NOK → -7 413 NOK (op. margin -25.8% → -37.1%). Calculated
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Net result improved
Net result -409.8k NOK → -7 405 NOK (net margin -25.4% → -37.0%). Calculated
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Payroll decreased
Salary cost 158.4k NOK → 2 158 NOK (10% → 11% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.62m NOK to 20.0k NOK (-98.8% YoY). Calculated
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↓
Cash fell
Bank deposits 31.8k NOK → 6 327 NOK (-80.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.31m NOK → 950 NOK (-99.9% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact