FirmaIQ
Org.nr 984 670 494 2019 → 2020 Year-over-year analysis

A STEEN TRANSPORT AS: årsregnskap 2020 vs 2019

Shrank 9% on revenue, slipped into loss

approved 2021-04-23; registry 2021-05-22; journal 2021 239184

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A STEEN TRANSPORT AS. Revenue 7.25m NOK → 6.62m NOK (-8.7%). Net result +221.7k NOK → -38.3k NOK. Equity 2.73m NOK → 2.69m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A STEEN TRANSPORT AS.

At a glance

Scorecard

Revenue
7.25m NOK 6.62m NOK
-8.7%
Operating result
+346.5k NOK +11.3k NOK
-96.7%
Net result
+221.7k NOK -38.3k NOK
-117.3%
Equity
2.73m NOK 2.69m NOK
-1.4%
Cash
1.87m NOK 1.68m NOK
-10.1%
Total assets
5.01m NOK 4.51m NOK
-10.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.07m NOK → 1.82m NOK (29% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.25m NOK to 6.62m NOK (-8.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +346.5k NOK → +11.3k NOK (op. margin 4.8% → 0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 221.7k NOK profit to a loss of 38.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.73m NOK → 2.69m NOK (equity ratio 54.4% → 59.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.87m NOK → 1.68m NOK (-10.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 42.4k NOK → 14.4k NOK. Reported fact