2 MARINE AS: årsregnskap 2020 vs 2019
Shrank 49% on revenue, slipped into loss
approved 2021-06-30; registry 2021-08-17; journal 2021 621096
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2 MARINE AS. Revenue 20.85m NOK → 10.60m NOK (-49.2%). Net result +1.17m NOK → -2.64m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2 MARINE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 693.2k NOK → 870.9k NOK (+25.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.85m NOK to 10.60m NOK (-49.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.26m NOK → -1.73m NOK (op. margin 6.0% → -16.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 1.17m NOK profit to a loss of 2.64m NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 9.23m NOK → 705.6k NOK (-92.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.53m NOK → 8 533 NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 7. Reported fact