AKER BIOMARINE ASA: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-02-22; registry 2021-10-30; journal 2021 885894
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKER BIOMARINE ASA. Revenue 11.52m NOK → 11.19m NOK (-2.9%). Net result -4.82m NOK → -1.69m NOK. Equity 289.19m NOK → 506.9k NOK.
On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKER BIOMARINE ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -4.82m NOK → -1.69m NOK (net margin -41.8% → -15.1%). Calculated
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Cash rose
Bank deposits 361 NOK → 303.0k NOK (+83833.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.49× → 3.71×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.52m NOK to 11.19m NOK (-2.9% YoY). Calculated
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Operating result weakened
Operating result -4.06m NOK → -4.50m NOK (op. margin -35.2% → -40.2%). Calculated
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Equity eroded
Book equity 289.19m NOK → 506.9k NOK (equity ratio 54935.3% → 88.6%). Calculated
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Payroll up without matching revenue
Salary cost 58.53m NOK → 65.39m NOK (508% → 585% of revenue). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 324.39m NOK → 548.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 10000.15bn NOK → 12.2k NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 504.2k NOK → 130.0k NOK. Reported fact