AK BUD OG TRANSPORT AS: årsregnskap 2020 vs 2019
Shrank 21% on revenue, slipped into loss
approved 2021-04-20; registry 2021-04-22; journal 2021 219231
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK BUD OG TRANSPORT AS. Revenue 846.5k NOK → 669.2k NOK (-21.0%). Net result +49.8k NOK → -54.9k NOK. Equity 41.9k NOK → -13.0k NOK.
On the constructive side: cash rose. 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 AK BUD OG TRANSPORT AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 27.0k NOK → 47.3k NOK (+75.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 846.5k NOK to 669.2k NOK (-21.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +65.6k NOK → -51.4k NOK (op. margin 7.7% → -7.7%). Calculated
-
↓
Fell into a net loss
Net result flipped from 49.8k NOK profit to a loss of 54.9k NOK. Calculated
-
↓
Equity eroded
Book equity 41.9k NOK → -13.0k NOK (equity ratio 16.5% → -5.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation