ABC STORMARKED AS: årsregnskap 2020 vs 2019
Grew 5% on revenue, slipped into loss, fresh owner capital
approved 2021-04-30; registry 2021-09-27; journal 2021 742529
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC STORMARKED AS. Revenue 2.02m NOK → 2.12m NOK (+5.0%). Net result +3.58m NOK → -2.96m NOK. Equity 6.33m NOK → 4.70m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABC STORMARKED AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.02m NOK to 2.12m NOK (+5.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 2.38m NOK → 3.70m NOK (+1.33m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +102.0k NOK → +826 NOK (op. margin 5.1% → 0.0%). Calculated
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Fell into a net loss
Net result flipped from 3.58m NOK profit to a loss of 2.96m NOK. Calculated
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↓
Equity eroded
Book equity 6.33m NOK → 4.70m NOK (equity ratio 35.2% → 28.5%). Calculated
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↓
Cash fell
Bank deposits 12.62m NOK → 12.12m NOK (-4.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.69m NOK → 1.83m NOK (84% → 86% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 376.4k NOK → 355.8k NOK. Reported fact