A&I GEMS AS: årsregnskap 2020 vs 2019
Shrank 47% on revenue, slipped into loss
approved 2021-08-30; registry 2021-09-06; journal 2021 734174
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&I GEMS AS. Revenue 1.96m NOK → 1.03m NOK (-47.3%). Net result +350.7k NOK → -71.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.96m NOK
1.03m NOK
-47.3%
Operating result
+441.5k NOK
-82.4k NOK
-118.7%
Net result
+350.7k NOK
-71.4k NOK
-120.4%
Cash
973.8k NOK
912.2k NOK
-6.3%
Total assets
1.96m NOK
1.74m NOK
-11.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.96m NOK to 1.03m NOK (-47.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +441.5k NOK → -82.4k NOK (op. margin 22.6% → -8.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 350.7k NOK profit to a loss of 71.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 973.8k NOK → 912.2k NOK (-6.3% YoY). Calculated