A-REISER AS: årsregnskap 2020 vs 2019
Shrank 81% on revenue, weaker earnings
approved 2021-06-29; registry 2021-07-01; journal 2021 505169
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-REISER AS. Revenue 476.2k NOK → 91.9k NOK (-80.7%). Net result -8 290 NOK → -44.5k NOK. Equity 1.40m NOK → 1.36m NOK.
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-REISER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 476.2k NOK to 91.9k NOK (-80.7% YoY). Calculated
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↓
Operating result weakened
Operating result -15.7k NOK → -49.3k NOK (op. margin -3.3% → -53.6%). Calculated
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↓
Net result weakened
Net result -8 290 NOK → -44.5k NOK (net margin -1.7% → -48.4%). Calculated
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Equity eroded
Book equity 1.40m NOK → 1.36m NOK (equity ratio 100.0% → 99.6%). Calculated
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↓
Cash fell
Bank deposits 1.39m NOK → 1.35m NOK (-2.6% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 406.8k NOK → 60.2k NOK (-85.2% YoY). Calculated