FirmaIQ
Org.nr 912 167 704 2019 → 2020 Year-over-year analysis

A&B HOLDING GROUP AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-29; registry 2021-08-14; journal 2021 612619

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A&B HOLDING GROUP AS. Revenue 23.55m NOK → 23.90m NOK (+1.5%). Net result +3.98m NOK → +1.83m NOK. Equity 17.07m NOK → 18.69m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A&B HOLDING GROUP AS.

At a glance

Scorecard

Revenue
23.55m NOK 23.90m NOK
+1.5%
Operating result
+5.26m NOK +2.50m NOK
-52.5%
Net result
+3.98m NOK +1.83m NOK
-54.2%
Equity
17.07m NOK 18.69m NOK
+9.5%
Cash
782.2k NOK 1.92m NOK
+145.0%
Total assets
25.47m NOK 30.55m NOK
+20.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.55m NOK to 23.90m NOK (+1.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 17.07m NOK → 18.69m NOK (equity ratio 67.0% → 61.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 782.2k NOK → 1.92m NOK (+145.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5.26m NOK → +2.50m NOK (op. margin 22.3% → 10.4%). Calculated

  • ↓

    Net result weakened

    Net result +3.98m NOK → +1.83m NOK (net margin 16.9% → 7.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.93m NOK → 14.46m NOK (55% → 60% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.94m NOK → 6.04m NOK (+105.2% YoY). Calculated