AKASTOR ASA: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-04-15; registry 2021-09-02; journal 2021 659982
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKASTOR ASA. Revenue 1.00m NOK → 1.00m NOK (0.0%). Net result +147.00m NOK → +724.00m NOK. Equity 4.33bn NOK → 5.06bn NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; payroll up without matching revenue; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKASTOR ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +147.00m NOK → +724.00m NOK (net margin 14700.0% → 72400.0%). Calculated
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↑
Equity strengthened
Book equity 4.33bn NOK → 5.06bn NOK (equity ratio 66.0% → 77.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.34× → 2.01×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -30.00m NOK → -35.00m NOK (op. margin -3000.0% → -3500.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 8.72m NOK → 1.67bn NOK (872% → 166800% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 2.59m NOK → 1.94bn NOK (+74842.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.25bn NOK → 6.54bn NOK. Reported fact