A&B PLAN AS: årsregnskap 2020 vs 2019
Grew 126% on revenue, slipped into loss
approved 2021-09-28; registry 2021-10-18; journal 2021 834320
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&B PLAN AS. Revenue 436.6k NOK → 988.6k NOK (+126.4%). Net result +4 877 NOK → -188.6k NOK. Equity 9 989 NOK → -222.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A&B PLAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 436.6k NOK to 988.6k NOK (+126.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +8 964 NOK → -185.4k NOK (op. margin 2.1% → -18.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 4 877 NOK profit to a loss of 188.6k NOK. Calculated
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↓
Equity eroded
Book equity 9 989 NOK → -222.5k NOK (equity ratio 2.9% → -77.1%). Calculated
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↓
Cash fell
Bank deposits 116.3k NOK → 111.6k NOK (-4.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -77.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 208.8k NOK → 767.3k NOK (48% → 78% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 116.1k NOK → 29.3k NOK (-74.8% YoY). Calculated