1KRM AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2020-12-31; registry 2021-07-15; journal 2021 495265
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1KRM AS. Revenue 5.36m NOK → 5.48m NOK (+2.2%). Net result +699.6k NOK → +301.5k NOK. Equity 2.39m NOK → 2.70m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 1KRM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.36m NOK to 5.48m NOK (+2.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.39m NOK → 2.70m NOK (equity ratio 82.6% → 89.3%). Calculated
-
↑
Cash rose
Bank deposits 500.5k NOK → 682.2k NOK (+36.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.09× → 3.08×. Calculated
-
↑
Payroll decreased
Salary cost 3.43m NOK → 2 NOK (64% → 0% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +899.0k NOK → +392.8k NOK (op. margin 16.8% → 7.2%). Calculated
-
↓
Net result weakened
Net result +699.6k NOK → +301.5k NOK (net margin 13.0% → 5.5%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 3.18m NOK → 3.37m NOK (+6.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.19m NOK → 1.09m NOK. Reported fact