AB-MARITIM AS: årsregnskap 2020 vs 2019
Grew 41% on revenue, returned to profit
approved 2021-02-15; registry 2021-03-29; journal 2021 174256
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AB-MARITIM AS. Revenue 254.0k NOK → 358.2k NOK (+41.0%). Net result -124.0k NOK → +310.0k NOK. Equity -37.8k NOK → 5.27m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AB-MARITIM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 254.0k NOK to 358.2k NOK (+41.0% YoY). Calculated
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↑
Operating result improved
Operating result -21.6k NOK → +11.7k NOK (op. margin -8.5% → 3.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 124.0k NOK to a profit of 310.0k NOK. Calculated
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↑
Equity strengthened
Book equity -37.8k NOK → 5.27m NOK (equity ratio -15.9% → 142.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.18× → 3.31×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 66.6k NOK → 62.3k NOK (-6.3% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 209.9k NOK → 296.0k NOK (+41.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 NOK → 3.08m NOK. Reported fact