ADMIRAL OFFSHORE AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-05-18; registry 2021-09-18; journal 2021 768592
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMIRAL OFFSHORE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -13.2k NOK → -150.4k NOK. Equity 2.06m NOK → 1.91m NOK.
On the constructive side: payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-5 619 NOK
-102.1k NOK
-1716.4%
Net result
-13.2k NOK
-150.4k NOK
-1041.4%
Equity
2.06m NOK
1.91m NOK
-7.3%
Cash
110.2k NOK
76.2k NOK
-30.8%
Total assets
2.06m NOK
1.91m NOK
-7.3%
What improved
-
↑
Payroll decreased
Salary cost 797.6k NOK → 91.3k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -5 619 NOK → -102.1k NOK. Calculated
-
↓
Net result weakened
Net result -13.2k NOK → -150.4k NOK. Calculated
-
↓
Equity eroded
Book equity 2.06m NOK → 1.91m NOK (equity ratio 100.0% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 110.2k NOK → 76.2k NOK (-30.8% YoY). Calculated