A TIL Å TRANSPORT AS: årsregnskap 2020 vs 2019
Grew 194% on revenue, weaker earnings, cash halved-plus
approved 2020-12-31; registry 2021-08-24; journal 2021 644973
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A TIL Å TRANSPORT AS. Revenue 330.6k NOK → 972.9k NOK (+194.3%). Net result +186.5k NOK → +37.6k NOK. Equity 10.22m NOK → 254.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A TIL Å TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 330.6k NOK to 972.9k NOK (+194.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +239.1k NOK → +49.4k NOK (op. margin 72.3% → 5.1%). Calculated
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↓
Net result weakened
Net result +186.5k NOK → +37.6k NOK (net margin 56.4% → 3.9%). Calculated
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↓
Equity eroded
Book equity 10.22m NOK → 254.1k NOK (equity ratio 2804.5% → 235.6%). Calculated
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↓
Cash fell
Bank deposits 96.1k NOK → 8 131 NOK (-91.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.90× → -0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 23 NOK → 1.76m NOK (0% → 180% of revenue). Calculated