Org.nr 983 384 099 2019 → 2020 Year-over-year analysis

A-TECH PROFFSERVICE AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-08-25; registry 2021-09-11; journal 2021 695738

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A-TECH PROFFSERVICE AS. Revenue 1 667 NOK → 1 667 NOK (0.0%). Net result +2.59m NOK → +400.4k NOK. Equity -403.4k NOK → 10.47m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.

Scorecard

Revenue
1 667 NOK 1 667 NOK
0.0%
Operating result
+2.44m NOK +148.4k NOK
-93.9%
Net result
+2.59m NOK +400.4k NOK
-84.6%
Equity
-403.4k NOK 10.47m NOK
+2694.2%
Cash
588 NOK 1 729 NOK
+194.0%
Total assets
721.2k NOK 2.82m NOK
+291.4%

What improved

  • ↑

    Equity strengthened

    Book equity -403.4k NOK → 10.47m NOK (equity ratio -55.9% → 370.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 588 NOK → 1 729 NOK (+194.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.88× → 1.16×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.44m NOK → +148.4k NOK (op. margin 146367.1% → 8902.2%). Calculated

  • ↓

    Net result weakened

    Net result +2.59m NOK → +400.4k NOK (net margin 155605.3% → 24019.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 767.1k NOK → 235.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.00m NOK → 2.10m NOK. Reported fact