A-TECH TELTUTLEIE AS: årsregnskap 2020 vs 2019
Shrank 44% on revenue, slipped into loss, cash halved-plus
approved 2021-07-31; registry 2021-09-23; journal 2021 786719
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-TECH TELTUTLEIE AS. Revenue 4.33m NOK → 2.42m NOK (-44.1%). Net result +66.6k NOK → -246.6k NOK. Equity 770.0k NOK → 523.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A-TECH TELTUTLEIE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.33m NOK to 2.42m NOK (-44.1% YoY). Calculated
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Operating result weakened
Operating result +73.7k NOK → -257.5k NOK (op. margin 1.7% → -10.6%). Calculated
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Fell into a net loss
Net result flipped from 66.6k NOK profit to a loss of 246.6k NOK. Calculated
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Equity eroded
Book equity 770.0k NOK → 523.4k NOK (equity ratio 19.3% → 13.7%). Calculated
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Cash fell
Bank deposits 478.5k NOK → 187.0k NOK (-60.9% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 343.2k NOK → 98.4k NOK (-71.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 462.6k NOK → 125.0k NOK. Reported fact