FirmaIQ
Org.nr 985 460 191 2019 → 2020 Year-over-year analysis

A-MERKING AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-02-23; registry 2021-06-15; journal 2021 319297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-MERKING AS. Revenue 23.94m NOK → 23.04m NOK (-3.8%). Net result +1.76m NOK → +1.20m NOK. Equity 1.98m NOK → 3.18m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-MERKING AS.

At a glance

Scorecard

Revenue
23.94m NOK 23.04m NOK
-3.8%
Operating result
+2.32m NOK +1.56m NOK
-32.9%
Net result
+1.76m NOK +1.20m NOK
-32.1%
Equity
1.98m NOK 3.18m NOK
+60.5%
Cash
3.43m NOK 2.43m NOK
-29.1%
Total assets
6.42m NOK 5.62m NOK
-12.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.98m NOK → 3.18m NOK (equity ratio 30.8% → 56.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.94m NOK to 23.04m NOK (-3.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.32m NOK → +1.56m NOK (op. margin 9.7% → 6.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.76m NOK → +1.20m NOK (net margin 7.4% → 5.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.43m NOK → 2.43m NOK (-29.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.60m NOK → 8.98m NOK (36% → 39% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.77m NOK → 8.81m NOK (-9.8% YoY). Calculated