Org.nr 918 989 331 2019 → 2020 Year-over-year analysis

A3PRO AS: årsregnskap 2020 vs 2019

Shrank 45% on revenue, weaker earnings, cash halved-plus

approved 2021-08-06; registry 2021-08-21; journal 2021 653963

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A3PRO AS. Revenue 1.37m NOK → 747.0k NOK (-45.4%). Net result -97.5k NOK → -225.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A3PRO AS.

At a glance

Revenue

1.37m NOK 747.0k NOK

-45.4%

Operating result

-88.9k NOK -206.6k NOK

-132.3%

Net result

-97.5k NOK -225.5k NOK

-131.2%

Equity

n/m -372.7k NOK

—

Cash

33.3k NOK 7 753 NOK

-76.7%

Total assets

216.9k NOK 40.8k NOK

-81.2%

↑
Payroll decreased

Salary cost 3.83m NOK → 2 NOK (280% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.37m NOK to 747.0k NOK (-45.4% YoY). Calculated
↓
Operating result weakened

Operating result -88.9k NOK → -206.6k NOK (op. margin -6.5% → -27.7%). Calculated
↓
Net result weakened

Net result -97.5k NOK → -225.5k NOK (net margin -7.1% → -30.2%). Calculated
↓
Cash fell

Bank deposits 33.3k NOK → 7 753 NOK (-76.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 384.8k NOK → 166.3k NOK (-56.8% YoY). Calculated