A MARINE AS: årsregnskap 2020 vs 2019
Shrank 89% on revenue, stronger earnings
registry 2021-05-25; journal 2021 321091
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A MARINE AS. Revenue 649.2k NOK → 68.3k NOK (-89.5%). Net result +40.2k NOK → +103.5k NOK. Equity 161.1k NOK → 12.26m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +37.7k NOK → +102.4k NOK (op. margin 5.8% → 150.0%). Calculated
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Net result improved
Net result +40.2k NOK → +103.5k NOK (net margin 6.2% → 151.5%). Calculated
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Equity strengthened
Book equity 161.1k NOK → 12.26m NOK (equity ratio 44.1% → 2114.1%). Calculated
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Payroll decreased
Salary cost 3636.35bn NOK → 2 NOK (560128374% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 649.2k NOK to 68.3k NOK (-89.5% YoY). Calculated
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Cash fell
Bank deposits 111.2k NOK → 88.7k NOK (-20.2% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 34.9k NOK → 149.6k NOK (+328.1% YoY). Calculated