AKASTOR AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-06-21; registry 2021-07-19; journal 2021 503720
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKASTOR AS. Revenue 49.06m NOK → 51.04m NOK (+4.0%). Net result +342.57m NOK → -821.2k NOK. Equity 6.04bn NOK → 4.86bn NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKASTOR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 49.06m NOK to 51.04m NOK (+4.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 49.30m NOK → 45.80m NOK (100% → 90% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -35.09m NOK → -84.33m NOK (op. margin -71.5% → -165.2%). Calculated
-
↓
Fell into a net loss
Net result flipped from 342.57m NOK profit to a loss of 821.2k NOK. Calculated
-
↓
Equity eroded
Book equity 6.04bn NOK → 4.86bn NOK (equity ratio 93.4% → 73.3%). Calculated
-
↓
Cash fell
Bank deposits 61.22m NOK → 60.29m NOK (-1.5% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 6.04bn NOK → 4.86bn NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 6.20bn NOK → 12.76bn NOK. Reported fact