A-G MARKISER AS: årsregnskap 2020 vs 2019
Shrank 27% on revenue, slipped into loss
approved 2020-12-31; registry 2021-05-29; journal 2021 344597
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-G MARKISER AS. Revenue 2.78m NOK → 2.02m NOK (-27.2%). Net result +301.2k NOK → -283.6k NOK. Equity -1.24m NOK → -1.52m NOK.
On the constructive side: cash rose. 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-G MARKISER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 28.1k NOK → 32.8k NOK (+16.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.78m NOK to 2.02m NOK (-27.2% YoY). Calculated
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↓
Operating result weakened
Operating result +299.0k NOK → -276.3k NOK (op. margin 10.8% → -13.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 301.2k NOK profit to a loss of 283.6k NOK. Calculated
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↓
Equity eroded
Book equity -1.24m NOK → -1.52m NOK (equity ratio -181.9% → -1291.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.06m NOK → 6.48m NOK (38% → 320% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1291.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation