A STAKE AS: årsregnskap 2020 vs 2019
Grew 21% on revenue, weaker earnings
approved 2021-03-08; registry 2021-04-19; journal 2021 207284
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A STAKE AS. Revenue 4.71m NOK → 5.68m NOK (+20.7%). Net result +255.6k NOK → +134.3k NOK. Equity 408.0k NOK → 12.54m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for A STAKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.71m NOK to 5.68m NOK (+20.7% YoY). Calculated
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↑
Equity strengthened
Book equity 408.0k NOK → 12.54m NOK (equity ratio 43.2% → 4032.8%). Calculated
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↑
Cash rose
Bank deposits 316.4k NOK → 354.1k NOK (+11.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +237.9k NOK → +192.3k NOK (op. margin 5.1% → 3.4%). Calculated
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↓
Net result weakened
Net result +255.6k NOK → +134.3k NOK (net margin 5.4% → 2.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.76× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 4 NOK → 2.46m NOK (0% → 43% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3.5 → 4.5. Reported fact