AXACTOR ASA: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-04-15; registry 2021-08-05; journal 2021 571432
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AXACTOR ASA. Revenue 7.51m NOK → 7.67m NOK (+2.1%). Net result +16.33m NOK → -27.23m NOK. Equity 11.27m NOK → 11.29m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AXACTOR ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.51m NOK to 7.67m NOK (+2.1% YoY). Calculated
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Operating result improved
Operating result -5.09m NOK → -4.61m NOK (op. margin -67.8% → -60.1%). Calculated
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Equity strengthened
Book equity 11.27m NOK → 11.29m NOK (equity ratio 2330.7% → 2200.1%). Calculated
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Owners injected capital
Paid-in equity rose 81.34m NOK → 97.04m NOK (+15.70m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 16.33m NOK profit to a loss of 27.23m NOK. Calculated
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Cash fell
Bank deposits 14.80m NOK → 10.99m NOK (-25.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2158.68× → 0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 5 908 NOK → 4.29m NOK (0% → 56% of revenue). Calculated
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Book investments changed
Investment / intangible book value 437.8k NOK → 450.8k NOK. Reported fact