A. MIDTBØ AS: årsregnskap 2020 vs 2019
Shrank 60% on revenue, slipped into loss
approved 2021-04-15; registry 2021-04-19; journal 2021 207048
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. MIDTBØ AS. Revenue 685.9k NOK → 273.6k NOK (-60.1%). Net result +76.9k NOK → -57.5k 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. MIDTBØ AS.
At a glance
Scorecard
Revenue
685.9k NOK
273.6k NOK
-60.1%
Operating result
+93.5k NOK
-51.7k NOK
-155.2%
Net result
+76.9k NOK
-57.5k NOK
-174.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 685.9k NOK to 273.6k NOK (-60.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +93.5k NOK → -51.7k NOK (op. margin 13.6% → -18.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 76.9k NOK profit to a loss of 57.5k NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 362.0k NOK → 132.2k NOK (-63.5% YoY). Calculated