AB ARKITEKTER AS: årsregnskap 2020 vs 2019
Grew 12% on revenue, weaker earnings
approved 2021-08-25; registry 2021-09-23; journal 2021 791345
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AB ARKITEKTER AS. Revenue 1.40m NOK → 1.57m NOK (+12.4%). Net result -22.5k NOK → -46.7k NOK. Equity 108.1k NOK → 11 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AB ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.40m NOK to 1.57m NOK (+12.4% YoY). Calculated
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↑
Cash rose
Bank deposits 67.8k NOK → 123.4k NOK (+82.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -28.9k NOK → -58.8k NOK (op. margin -2.1% → -3.7%). Calculated
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↓
Net result weakened
Net result -22.5k NOK → -46.7k NOK (net margin -1.6% → -3.0%). Calculated
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↓
Equity eroded
Book equity 108.1k NOK → 11 NOK (equity ratio 31.3% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 79.2k NOK → 25.1k NOK (-68.3% YoY). Calculated