AK MAL AS: årsregnskap 2020 vs 2019
Grew 615% on revenue, slipped into loss, cash halved-plus
registry 2021-06-01; journal 2021 365892
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK MAL AS. Revenue 130.9k NOK → 936.5k NOK (+615.3%). Net result +71.3k NOK → -30.9k NOK. Equity 95.8k NOK → -6 432 NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AK MAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 130.9k NOK to 936.5k NOK (+615.3% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 71.3k NOK profit to a loss of 30.9k NOK. Calculated
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↓
Equity eroded
Book equity 95.8k NOK → -6 432 NOK (equity ratio 61.7% → -5.7%). Calculated
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↓
Cash fell
Bank deposits 133.6k NOK → 30.5k NOK (-77.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.36× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 18.6k NOK → 109.3k NOK (+488.0% YoY). Calculated