A PEDERSEN KYSTFISKEBÅT AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-23; registry 2021-08-25; journal 2021 677108
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A PEDERSEN KYSTFISKEBÅT AS. Revenue 1.80m NOK → 1.71m NOK (-4.6%). Net result +469.6k NOK → +327.4k NOK. Equity 160.4k NOK → 487.8k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. 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 PEDERSEN KYSTFISKEBÅT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 160.4k NOK → 487.8k NOK (equity ratio 8.0% → 24.8%). Calculated
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↑
Cash rose
Bank deposits 63.8k NOK → 1.27m NOK (+1884.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.17× → 2.94×. Calculated
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↑
Payroll decreased
Salary cost 527.7k NOK → 455.5k NOK (29% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.80m NOK to 1.71m NOK (-4.6% YoY). Calculated
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↓
Operating result weakened
Operating result +501.7k NOK → +352.1k NOK (op. margin 27.9% → 20.5%). Calculated
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↓
Net result weakened
Net result +469.6k NOK → +327.4k NOK (net margin 26.1% → 19.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 22.2k NOK → 7 929 NOK (-64.2% YoY). Calculated