AHS MASKIN AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, weaker earnings
approved 2021-09-17; registry 2021-10-18; journal 2021 828920
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AHS MASKIN AS. Revenue 9.34m NOK → 9.95m NOK (+6.6%). Net result +928.2k NOK → +159.7k NOK. Equity 895.8k NOK → 2.06m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AHS MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.34m NOK to 9.95m NOK (+6.6% YoY). Calculated
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↑
Equity strengthened
Book equity 895.8k NOK → 2.06m NOK (equity ratio 26.2% → 45.6%). Calculated
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↑
Cash rose
Bank deposits 97.6k NOK → 579.5k NOK (+493.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +928.2k NOK → +159.7k NOK (net margin 9.9% → 1.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.70m NOK → 3.20m NOK (29% → 32% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.13m NOK → 1.54m NOK (-27.9% YoY). Calculated