A-4 ARKITEKTENE AS: årsregnskap 2020 vs 2019
Shrank 37% on revenue, slipped into loss, cash halved-plus
approved 2021-04-29; registry 2021-08-28; journal 2021 651979
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-4 ARKITEKTENE AS. Revenue 671.3k NOK → 420.9k NOK (-37.3%). Net result +26.7k NOK → -166.2k NOK. Equity 10.19m NOK → 10 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. All figures are taken from the published annual accounts for A-4 ARKITEKTENE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.54m NOK → 2 NOK (527% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 671.3k NOK to 420.9k NOK (-37.3% YoY). Calculated
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↓
Operating result weakened
Operating result +29.9k NOK → -163.1k NOK (op. margin 4.4% → -38.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 26.7k NOK profit to a loss of 166.2k NOK. Calculated
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↓
Equity eroded
Book equity 10.19m NOK → 10 NOK (equity ratio 3487.9% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 186.3k NOK → 78.3k NOK (-58.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation