A HAMSTAD AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-03-01; registry 2021-04-12; journal 2021 186058
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A HAMSTAD AS. Revenue 3.30m NOK → 3.41m NOK (+3.2%). Net result +1.15m NOK → +711.9k NOK. Equity 11.76m NOK → 11.22m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for A HAMSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.30m NOK to 3.41m NOK (+3.2% YoY). Calculated
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↑
Cash rose
Bank deposits 244.1k NOK → 1.66m NOK (+579.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +78.8k NOK → -33.1k NOK (op. margin 2.4% → -1.0%). Calculated
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↓
Net result weakened
Net result +1.15m NOK → +711.9k NOK (net margin 34.9% → 20.9%). Calculated
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↓
Equity eroded
Book equity 11.76m NOK → 11.22m NOK (equity ratio 81.1% → 76.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 3.71m NOK → 2.46m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2.63m NOK → 2.77m NOK (80% → 81% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 10.1k NOK → 30.1k NOK. Reported fact