AC BOBIL OG EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 80% on revenue, weaker earnings, cash halved-plus
approved 2021-08-12; registry 2021-09-30; journal 2021 834810
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AC BOBIL OG EIENDOM AS. Revenue 56.0k NOK → 11.2k NOK (-80.0%). Net result -18.3k NOK → -76.7k NOK. Equity -12.1k NOK → -88.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC BOBIL OG EIENDOM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 56.0k NOK to 11.2k NOK (-80.0% YoY). Calculated
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↓
Operating result weakened
Operating result +20.5k NOK → -33.0k NOK (op. margin 36.5% → -293.8%). Calculated
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↓
Net result weakened
Net result -18.3k NOK → -76.7k NOK (net margin -32.6% → -684.0%). Calculated
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↓
Equity eroded
Book equity -12.1k NOK → -88.9k NOK (equity ratio -1.6% → -11.9%). Calculated
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↓
Cash fell
Bank deposits 33.5k NOK → 3 364 NOK (-90.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 83.6k NOK → 2 000 NOK (-97.6% YoY). Calculated