A UTVIK AS: årsregnskap 2020 vs 2019
Shrank 98% on revenue, slipped into loss
registry 2021-05-15; journal 2021 226788
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A UTVIK AS. Revenue 2.19bn NOK → 46.83m NOK (-97.9%). Net result +7.73m NOK → -690.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for A UTVIK AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 9.95m NOK → 7.47m NOK (0% → 16% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.19bn NOK to 46.83m NOK (-97.9% YoY). Calculated
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↓
Operating result weakened
Operating result +4.41m NOK → +1.02m NOK (op. margin 0.2% → 2.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 7.73m NOK profit to a loss of 690.0k NOK. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 63.39m NOK → 51.08m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 66.24m NOK → 27.47m NOK (-58.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 26.56m NOK → 14.95m NOK. Reported fact