FirmaIQ
Org.nr 989 100 858 2019 → 2020 Year-over-year analysis

A-B BYGGTJENESTER AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, slipped into loss

approved 2021-04-30; registry 2021-06-17; journal 2021 436400

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-B BYGGTJENESTER AS. Revenue 2.29m NOK → 1.62m NOK (-29.0%). Net result +341.7k NOK → -85.6k NOK. Equity 3.44m NOK → 3.35m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-B BYGGTJENESTER AS.

At a glance

Scorecard

Revenue
2.29m NOK 1.62m NOK
-29.0%
Operating result
+523.1k NOK -125.6k NOK
-124.0%
Net result
+341.7k NOK -85.6k NOK
-125.1%
Equity
3.44m NOK 3.35m NOK
-2.5%
Cash
2.31m NOK 2.64m NOK
+14.3%
Total assets
3.87m NOK 3.79m NOK
-2.1%

What improved

  • ↑

    Cash rose

    Bank deposits 2.31m NOK → 2.64m NOK (+14.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 977.8k NOK → 472.6k NOK (43% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.29m NOK to 1.62m NOK (-29.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +523.1k NOK → -125.6k NOK (op. margin 22.9% → -7.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 341.7k NOK profit to a loss of 85.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.44m NOK → 3.35m NOK (equity ratio 88.8% → 88.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.53m NOK → 775.1k NOK (-49.3% YoY). Calculated