A SKALSTAD AS: årsregnskap 2020 vs 2019
Shrank 13% on revenue, weaker earnings
registry 2021-06-21; journal 2021 454057
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A SKALSTAD AS. Revenue 497.8k NOK → 431.5k NOK (-13.3%). Net result +138.9k NOK → +56.4k NOK. Equity 933.7k NOK → 986.4k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A SKALSTAD AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 933.7k NOK → 986.4k NOK (equity ratio 40.1% → 41.7%). Calculated
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↑
Cash rose
Bank deposits 276.7k NOK → 341.8k NOK (+23.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 497.8k NOK to 431.5k NOK (-13.3% YoY). Calculated
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↓
Operating result weakened
Operating result +218.5k NOK → +103.5k NOK (op. margin 43.9% → 24.0%). Calculated
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↓
Net result weakened
Net result +138.9k NOK → +56.4k NOK (net margin 27.9% → 13.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 992.7k NOK → 8 NOK. Reported fact