A-PACKAGING AS: årsregnskap 2020 vs 2019
Shrank 36% on revenue, slipped into loss, fresh owner capital
approved 2021-08-31; registry 2021-10-18; journal 2021 832782
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-PACKAGING AS. Revenue 3.42m NOK → 2.18m NOK (-36.4%). Net result +37.3k NOK → -266.3k NOK. Equity 179.7k NOK → 613.4k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. 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-PACKAGING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 179.7k NOK → 613.4k NOK (equity ratio 33.7% → 37.3%). Calculated
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↑
Cash rose
Bank deposits 16.5k NOK → 260.4k NOK (+1478.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.65m NOK → 3.35m NOK (+700.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 659.9k NOK → 557.1k NOK (19% → 26% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.42m NOK to 2.18m NOK (-36.4% YoY). Calculated
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↓
Operating result weakened
Operating result +115.6k NOK → -177.0k NOK (op. margin 3.4% → -8.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 37.3k NOK profit to a loss of 266.3k NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.35m NOK → 1.48m NOK (-36.8% YoY). Calculated