A Amundsen Skotøyforretning AS: årsregnskap 2020 vs 2019
Shrank 9% on revenue, stronger earnings, fresh owner capital
registry 2021-08-24; journal 2021 640839
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A Amundsen Skotøyforretning AS. Revenue 17.32m NOK → 15.70m NOK (-9.3%). Net result -1.43m NOK → -701.0k NOK. Equity 5.57m NOK → 3.93m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A Amundsen Skotøyforretning AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -502.3k NOK → -447.8k NOK (op. margin -2.9% → -2.9%). Calculated
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Net result improved
Net result -1.43m NOK → -701.0k NOK (net margin -8.3% → -4.5%). Calculated
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Payroll decreased
Salary cost 5.41m NOK → 4.36m NOK (31% → 28% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 17.32m NOK to 15.70m NOK (-9.3% YoY). Calculated
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↓
Equity eroded
Book equity 5.57m NOK → 3.93m NOK (equity ratio 27.5% → 20.6%). Calculated
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Cash fell
Bank deposits 353.3k NOK → 180.3k NOK (-49.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 8.35m NOK → 8.10m NOK (-3.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 480.6k NOK → 1.54m NOK. Reported fact