FirmaIQ
Org.nr 913 214 439 2019 → 2020 Year-over-year analysis

A JOHANSEN AS: årsregnskap 2020 vs 2019

Shrank 63% on revenue, slipped into loss, cash halved-plus

approved 2021-08-30; registry 2021-09-13; journal 2021 702200

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A JOHANSEN AS. Revenue 29.45m NOK → 10.87m NOK (-63.1%). Net result +1.84m NOK → -2.27m NOK. Equity 6.92m NOK → 4.65m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A JOHANSEN AS.

At a glance

Scorecard

Revenue
29.45m NOK 10.87m NOK
-63.1%
Operating result
+2.73m NOK -2.29m NOK
-183.6%
Net result
+1.84m NOK -2.27m NOK
-223.6%
Equity
6.92m NOK 4.65m NOK
-32.9%
Cash
9.16m NOK 96.5k NOK
-98.9%
Total assets
12.24m NOK 18.16m NOK
+48.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.70m NOK → 3.13m NOK (16% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.45m NOK to 10.87m NOK (-63.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.73m NOK → -2.29m NOK (op. margin 9.3% → -21.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.84m NOK profit to a loss of 2.27m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.92m NOK → 4.65m NOK (equity ratio 56.6% → 25.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.16m NOK → 96.5k NOK (-98.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.16m NOK → 96.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation