AJO MASKIN AS: årsregnskap 2020 vs 2019
Grew 1061% on revenue, slipped into loss
approved 2021-04-16; registry 2021-06-07; journal 2021 395935
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJO MASKIN AS. Revenue 57.8k NOK → 671.7k NOK (+1061.5%). Net result +654.5k NOK → -113.0k NOK. Equity 2.32m NOK → 2.20m NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AJO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 57.8k NOK to 671.7k NOK (+1061.5% YoY). Calculated
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↑
Cash rose
Bank deposits 339.1k NOK → 453.0k NOK (+33.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.25m NOK → 205.0k NOK (9085% → 31% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +33.1k NOK → -154.7k NOK (op. margin 57.3% → -23.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 654.5k NOK profit to a loss of 113.0k NOK. Calculated
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↓
Equity eroded
Book equity 2.32m NOK → 2.20m NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 390.1k NOK → 15.6k NOK (-96.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 120.8k NOK → 3.12m NOK. Reported fact