A-B BYGGTJENESTER AS: årsregnskap 2019 vs 2018
Grew 132% on revenue, stronger earnings
approved 2020-06-20; registry 2020-06-30; journal 2020 516689
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-B BYGGTJENESTER AS. Revenue 985.0k NOK → 2.29m NOK (+132.1%). Net result +52.0k NOK → +341.7k NOK. Equity 3.78m NOK → 3.44m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A-B BYGGTJENESTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 985.0k NOK to 2.29m NOK (+132.1% YoY). Calculated
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Operating result improved
Operating result +111.3k NOK → +523.1k NOK (op. margin 11.3% → 22.9%). Calculated
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Net result improved
Net result +52.0k NOK → +341.7k NOK (net margin 5.3% → 14.9%). Calculated
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Payroll decreased
Salary cost 1.20m NOK → 977.8k NOK (122% → 43% of revenue). Calculated
What deteriorated
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Equity eroded
Book equity 3.78m NOK → 3.44m NOK (equity ratio 83.9% → 88.8%). Calculated
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Cash fell
Bank deposits 3.14m NOK → 2.31m NOK (-26.5% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 653.9k NOK → 1.53m NOK (+133.8% YoY). Calculated