A&B BYGGMONTASJE AS: årsregnskap 2020 vs 2019
Shrank 12% on revenue, returned to profit
approved 2021-08-31; registry 2021-10-12; journal 2021 803160
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&B BYGGMONTASJE AS. Revenue 5.77m NOK → 5.06m NOK (-12.4%). Net result -12.2k NOK → +107.7k NOK. Equity -153.0k NOK → -45.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&B BYGGMONTASJE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -7 275 NOK → +160.7k NOK (op. margin -0.1% → 3.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 12.2k NOK to a profit of 107.7k NOK. Calculated
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↑
Equity strengthened
Book equity -153.0k NOK → -45.2k NOK (equity ratio -26.8% → -8.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.77m NOK to 5.06m NOK (-12.4% YoY). Calculated
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↓
Cash fell
Bank deposits 275.5k NOK → 175.5k NOK (-36.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 7.57m NOK (0% → 150% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.04m NOK → 3.54m NOK (-12.2% YoY). Calculated