ADMIR BETONG MUR OG FLIS AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-07-22; registry 2021-09-13; journal 2021 752333
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMIR BETONG MUR OG FLIS AS. Revenue 5.27m NOK → 5.21m NOK (-1.0%). Net result +94.5k NOK → -168.2k NOK. Equity 422.0k NOK → 253.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIR BETONG MUR OG FLIS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.31m NOK → 2.25m NOK (44% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.27m NOK to 5.21m NOK (-1.0% YoY). Calculated
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↓
Operating result weakened
Operating result +139.7k NOK → -190.3k NOK (op. margin 2.7% → -3.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 94.5k NOK profit to a loss of 168.2k NOK. Calculated
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↓
Equity eroded
Book equity 422.0k NOK → 253.8k NOK (equity ratio 145.8% → 25.0%). Calculated
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↓
Cash fell
Bank deposits 277.0k NOK → 78.0k NOK (-71.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 36.7k NOK → 65.0k NOK. Reported fact