A-MASKIN AS: årsregnskap 2020 vs 2019
Grew 38% on revenue, returned to profit, cash halved-plus
approved 2021-06-08; registry 2021-07-03; journal 2021 436612
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-MASKIN AS. Revenue 14.34m NOK → 19.78m NOK (+37.9%). Net result -252 NOK → +1.15m NOK. Equity 3.79m NOK → 4.90m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for A-MASKIN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 14.34m NOK to 19.78m NOK (+37.9% YoY). Calculated
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Operating result improved
Operating result +103.6k NOK → +250.7k NOK (op. margin 0.7% → 1.3%). Calculated
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Turned profitable
Net result flipped from a loss of 252 NOK to a profit of 1.15m NOK. Calculated
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Equity strengthened
Book equity 3.79m NOK → 4.90m NOK (equity ratio 91.1% → 47.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 522.7k NOK → 143.6k NOK (-72.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 144.8k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS moved
COGS / varekostnad 12.45m NOK → 16.63m NOK (+33.6% YoY). Calculated