A.K MASKINSERVICE AS: årsregnskap 2020 vs 2019
Shrank 44% on revenue, slipped into loss
approved 2021-08-17; registry 2021-10-04; journal 2021 856946
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.K MASKINSERVICE AS. Revenue 57.6k NOK → 32.1k NOK (-44.2%). Net result +13.3k NOK → -2 973 NOK. Equity 118.3k NOK → 115.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.K MASKINSERVICE AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 57.6k NOK to 32.1k NOK (-44.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +15.4k NOK → -4 086 NOK (op. margin 26.7% → -12.7%). Calculated
-
↓
Fell into a net loss
Net result flipped from 13.3k NOK profit to a loss of 2 973 NOK. Calculated
-
↓
Equity eroded
Book equity 118.3k NOK → 115.3k NOK (equity ratio 84.0% → 89.8%). Calculated
-
↓
Cash fell
Bank deposits 100.5k NOK → 92.4k NOK (-8.1% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 62.9k NOK → 1 765 NOK (-97.2% YoY). Calculated