A7 PRINT AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue, weaker earnings
registry 2021-10-09; journal 2021 792523
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A7 PRINT AS. Revenue 14.46m NOK → 10.71m NOK (-25.9%). Net result +991.6k NOK → +35.9k NOK. Equity 441.1k NOK → 477.0k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A7 PRINT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 441.1k NOK → 477.0k NOK (equity ratio 17.0% → 19.2%). Calculated
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↑
Payroll decreased
Salary cost 4.65m NOK → 3.88m NOK (32% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.46m NOK to 10.71m NOK (-25.9% YoY). Calculated
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↓
Operating result weakened
Operating result +1.06m NOK → +87.0k NOK (op. margin 7.4% → 0.8%). Calculated
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↓
Net result weakened
Net result +991.6k NOK → +35.9k NOK (net margin 6.9% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 148.1k NOK → 135.0k NOK (-8.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.59m NOK → 2.60m NOK (-27.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.0k NOK → 75.3k NOK. Reported fact