A&B RENHOLD AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-31; registry 2021-08-07; journal 2021 614586
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&B RENHOLD AS. Revenue 2.01m NOK → 1.94m NOK (-3.5%). Net result +15.5k NOK → +445.4k NOK. Equity -50.7k NOK → 94.7k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&B RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +15.9k NOK → +569.0k NOK (op. margin 0.8% → 29.4%). Calculated
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↑
Net result improved
Net result +15.5k NOK → +445.4k NOK (net margin 0.8% → 23.0%). Calculated
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↑
Equity strengthened
Book equity -50.7k NOK → 94.7k NOK (equity ratio -16.5% → 84.8%). Calculated
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↑
Cash rose
Bank deposits 268.2k NOK → 736.3k NOK (+174.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.17×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.01m NOK to 1.94m NOK (-3.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 33.7k NOK → 24.5k NOK (-27.2% YoY). Calculated