A6 BOLIG AS: årsregnskap 2020 vs 2019
Shrank 44% on revenue, weaker earnings
approved 2021-09-10; registry 2021-10-16; journal 2021 822008
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A6 BOLIG AS. Revenue 20.07m NOK → 11.17m NOK (-44.3%). Net result -511.2k NOK → -859.5k NOK. Equity 1.85m NOK → 582.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A6 BOLIG AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 7 531 NOK → 14.9k NOK (+97.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.07m NOK to 11.17m NOK (-44.3% YoY). Calculated
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↓
Operating result weakened
Operating result +716.7k NOK → -78.2k NOK (op. margin 3.6% → -0.7%). Calculated
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↓
Net result weakened
Net result -511.2k NOK → -859.5k NOK (net margin -2.5% → -7.7%). Calculated
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↓
Equity eroded
Book equity 1.85m NOK → 582.7k NOK (equity ratio 5.6% → 4.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 19.07m NOK → 11.01m NOK (-42.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.00m NOK → 231.6k NOK. Reported fact