A-ARK AS: årsregnskap 2020 vs 2019
Shrank 18% on revenue, weaker earnings
registry 2021-04-22; journal 2021 219045
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-ARK AS. Revenue 2.32m NOK → 1.91m NOK (-17.6%). Net result +145.8k NOK → +111.9k NOK. Equity 7.18m NOK → 287.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.32m NOK to 1.91m NOK (-17.6% YoY). Calculated
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↓
Operating result weakened
Operating result +186.8k NOK → +143.3k NOK (op. margin 8.1% → 7.5%). Calculated
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↓
Net result weakened
Net result +145.8k NOK → +111.9k NOK (net margin 6.3% → 5.9%). Calculated
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↓
Equity eroded
Book equity 7.18m NOK → 287.7k NOK (equity ratio 994.2% → 41.3%). Calculated
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↓
Cash fell
Bank deposits 595.4k NOK → 461.2k NOK (-22.5% YoY). Calculated