A WADAHL ANLEGGSERVICE AS: årsregnskap 2020 vs 2019
Shrank 68% on revenue, slipped into loss
approved 2020-12-31; registry 2021-08-16; journal 2021 618522
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A WADAHL ANLEGGSERVICE AS. Revenue 989.7k NOK → 313.5k NOK (-68.3%). Net result +26.3k NOK → -17.7k NOK. Equity 895.5k NOK → 12.88m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 895.5k NOK → 12.88m NOK (equity ratio 78.1% → 778.1%). Calculated
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↑
Cash rose
Bank deposits 546.0k NOK → 838.7k NOK (+53.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 989.7k NOK to 313.5k NOK (-68.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +36.9k NOK → -7 677 NOK (op. margin 3.7% → -2.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 26.3k NOK profit to a loss of 17.7k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.81× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 70.7k NOK (0% → 23% of revenue). Calculated