A-B BYGG OG MALERTJENESTE AS: årsregnskap 2020 vs 2019
Shrank 19% on revenue, weaker earnings
approved 2021-05-20; registry 2021-06-17; journal 2021 345887
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-B BYGG OG MALERTJENESTE AS. Revenue 10.64m NOK → 8.58m NOK (-19.3%). Net result -235.7k NOK → -356.9k NOK. Equity 15.34m NOK → 14 NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A-B BYGG OG MALERTJENESTE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 10.64m NOK to 8.58m NOK (-19.3% YoY). Calculated
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Operating result weakened
Operating result -209.0k NOK → -299.0k NOK (op. margin -2.0% → -3.5%). Calculated
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↓
Net result weakened
Net result -235.7k NOK → -356.9k NOK (net margin -2.2% → -4.2%). Calculated
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↓
Equity eroded
Book equity 15.34m NOK → 14 NOK (equity ratio 772.6% → 0.0%). Calculated
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Cash fell
Bank deposits 457.9k NOK → 431.7k NOK (-5.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 4.46m NOK → 4.13m NOK (-7.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 182.0k NOK → 184 NOK. Reported fact