AK BÅT OG BIL AS: årsregnskap 2020 vs 2019
Shrank 63% on revenue, weaker earnings
approved 2021-03-14; registry 2021-03-16; journal 2021 151897
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK BÅT OG BIL AS. Revenue 789.4k NOK → 288.6k NOK (-63.4%). Net result -1 784 NOK → -192.7k NOK. Equity 563.9k NOK → 371.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AK BÅT OG BIL AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 494 NOK → 4 850 NOK (+224.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 789.4k NOK to 288.6k NOK (-63.4% YoY). Calculated
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↓
Net result weakened
Net result -1 784 NOK → -192.7k NOK (net margin -0.2% → -66.8%). Calculated
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↓
Equity eroded
Book equity 563.9k NOK → 371.2k NOK (equity ratio 21.3% → 15.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 563.9k NOK → 371.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 48.2k NOK → 0 NOK (-100.0% YoY). Calculated