AK MEKANISKE AS: årsregnskap 2020 vs 2019
Shrank 12% on revenue, slipped into loss
approved 2021-03-11; registry 2021-09-13; journal 2021 698826
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AK MEKANISKE AS. Revenue 178.95m NOK → 157.65m NOK (-11.9%). Net result +2.28m NOK → -1.13m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK MEKANISKE AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 1.74m NOK → 2.31m NOK (+32.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 178.95m NOK to 157.65m NOK (-11.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.94m NOK → -1.54m NOK (op. margin 1.6% → -1.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 2.28m NOK profit to a loss of 1.13m NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 108.70m NOK → 91.07m NOK (-16.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 18.30m NOK → 12.83m NOK. Reported fact