A & BIRGER LUNKE AS: årsregnskap 2020 vs 2019
Shrank 97% on revenue, stronger earnings, cash halved-plus
approved 2021-05-28; registry 2021-05-31; journal 2021 358005
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A & BIRGER LUNKE AS. Revenue 939.7k NOK → 25.9k NOK (-97.2%). Net result +110.6k NOK → +280.2k NOK. Equity 2.77m NOK → 2.20m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A & BIRGER LUNKE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -448.0k NOK → -373.9k NOK (op. margin -47.7% → -1445.6%). Calculated
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Net result improved
Net result +110.6k NOK → +280.2k NOK (net margin 11.8% → 1083.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 939.7k NOK to 25.9k NOK (-97.2% YoY). Calculated
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↓
Equity eroded
Book equity 2.77m NOK → 2.20m NOK (equity ratio 63.4% → 66.1%). Calculated
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Cash fell
Bank deposits 1.43m NOK → 678.8k NOK (-52.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.20m NOK → 1.27m NOK. Reported fact