A T MASKIN AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-06-30; registry 2021-08-23; journal 2021 641159
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A T MASKIN AS. Net result -22.7k NOK → -17.3k NOK. Equity -418.4k NOK → -435.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A T MASKIN AS.
At a glance
Scorecard
Revenue
n/m
1 NOK
—
Operating result
-22.7k NOK
-17.3k NOK
+23.9%
Net result
-22.7k NOK
-17.3k NOK
+23.9%
Equity
-418.4k NOK
-435.7k NOK
-4.1%
Cash
1 509 NOK
1 509 NOK
0.0%
Total assets
1 509 NOK
1 509 NOK
0.0%
What improved
-
↑
Operating result improved
Operating result -22.7k NOK → -17.3k NOK. Calculated
-
↑
Net result improved
Net result -22.7k NOK → -17.3k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -418.4k NOK → -435.7k NOK (equity ratio -27727.8% → -28872.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -28872.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation