7610 RAMPA AS: årsregnskap 2020 vs 2019
Shrank 20% on revenue, slipped into loss
approved 2021-05-31; registry 2021-09-23; journal 2021 791973
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7610 RAMPA AS. Revenue 4.59m NOK → 3.65m NOK (-20.3%). Net result +57.2k NOK → -61.1k NOK. Equity -510.5k NOK → -571.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 7610 RAMPA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.86m NOK → 1.41m NOK (40% → 39% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.59m NOK to 3.65m NOK (-20.3% YoY). Calculated
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↓
Operating result weakened
Operating result +83.2k NOK → -33.9k NOK (op. margin 1.8% → -0.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 57.2k NOK profit to a loss of 61.1k NOK. Calculated
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↓
Equity eroded
Book equity -510.5k NOK → -571.5k NOK (equity ratio -66.5% → -95.7%). Calculated
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↓
Cash fell
Bank deposits 97.5k NOK → 57.9k NOK (-40.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -95.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.25m NOK → 1.91m NOK (-15.1% YoY). Calculated