A12.NO AS: årsregnskap 2020 vs 2019
Grew 7% on revenue
approved 2021-02-22; registry 2021-07-12; journal 2021 562675
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A12.NO AS. Revenue 1.36m NOK → 1.46m NOK (+7.1%). Net result +139.6k NOK → +124.0k NOK. Equity 17.4k NOK → 841.4k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A12.NO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.36m NOK to 1.46m NOK (+7.1% YoY). Calculated
-
↑
Equity strengthened
Book equity 17.4k NOK → 841.4k NOK (equity ratio 1.3% → 74.7%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.19× → 3.19×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +178.0k NOK → +158.7k NOK (op. margin 13.1% → 10.9%). Calculated
-
↓
Net result weakened
Net result +139.6k NOK → +124.0k NOK (net margin 10.3% → 8.5%). Calculated
-
↓
Cash fell
Bank deposits 883.8k NOK → 632.5k NOK (-28.4% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 763.4k NOK → 778.0k NOK (56% → 53% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 187.7k NOK → 203.7k NOK (+8.5% YoY). Calculated