Org.nr 914 943 418 2019 → 2020 Year-over-year analysis

AK FLISLEGGING AS: årsregnskap 2020 vs 2019

Shrank 18% on revenue

approved 2021-08-20; registry 2021-09-15; journal 2021 710296

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AK FLISLEGGING AS. Revenue 5.69m NOK → 4.68m NOK (-17.8%). Equity 603.2k NOK → 11 NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK FLISLEGGING AS.

At a glance

Revenue

5.69m NOK 4.68m NOK

-17.8%

Operating result

-260.3k NOK -887.5k NOK

-240.9%

Equity

603.2k NOK 11 NOK

-100.0%

Cash

125.6k NOK 100.7k NOK

-19.8%

Total assets

1.53m NOK 1.57m NOK

+2.9%

↓
Revenue fell

Operating income / revenue moved from 5.69m NOK to 4.68m NOK (-17.8% YoY). Calculated
↓
Operating result weakened

Operating result -260.3k NOK → -887.5k NOK (op. margin -4.6% → -19.0%). Calculated
↓
Equity eroded

Book equity 603.2k NOK → 11 NOK (equity ratio 39.5% → 0.0%). Calculated
↓
Cash fell

Bank deposits 125.6k NOK → 100.7k NOK (-19.8% YoY). Calculated
↓
COGS moved

COGS / varekostnad 1.48m NOK → 1.95m NOK (+31.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation