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Org.nr 915 268 633 2019 → 2020 Year-over-year analysis

AILO MATKI & TOURIST AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss

approved 2021-05-04; registry 2021-05-06; journal 2021 267989

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AILO MATKI & TOURIST AS. Revenue 1.91m NOK → 1 555 NOK (-99.9%). Net result +180.5k NOK → -92.7k NOK. Equity -363.3k NOK → -456.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AILO MATKI & TOURIST AS.

At a glance

Scorecard

Revenue
1.91m NOK 1 555 NOK
-99.9%
Operating result
+302.5k NOK +7 602 NOK
-97.5%
Net result
+180.5k NOK -92.7k NOK
-151.4%
Equity
-363.3k NOK -456.0k NOK
-25.5%
Cash
203.0k NOK 135.6k NOK
-33.2%
Total assets
2.62m NOK 2.19m NOK
-16.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.91m NOK to 1 555 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +302.5k NOK → +7 602 NOK (op. margin 15.8% → 488.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 180.5k NOK profit to a loss of 92.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -363.3k NOK → -456.0k NOK (equity ratio -13.8% → -20.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 203.0k NOK → 135.6k NOK (-33.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -20.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation