A. ANDERSEN SHIPPING AS: årsregnskap 2020 vs 2019
Shrank 99% on revenue, slipped into loss, cash halved-plus
approved 2021-08-09; registry 2021-08-11; journal 2021 621516
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. ANDERSEN SHIPPING AS. Revenue 433.5k NOK → 5 383 NOK (-98.8%). Net result +150.2k NOK → -225.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 433.5k NOK to 5 383 NOK (-98.8% YoY). Calculated
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Operating result weakened
Operating result +150.2k NOK → -225.3k NOK (op. margin 34.7% → -4184.9%). Calculated
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Fell into a net loss
Net result flipped from 150.2k NOK profit to a loss of 225.3k NOK. Calculated
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Cash fell
Bank deposits 2 755 NOK → 561 NOK (-79.6% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.52× → -0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated