A.B TJENESTER AS: årsregnskap 2020 vs 2019
Shrank 17% on revenue, stronger earnings, cash halved-plus
approved 2021-06-21; registry 2021-07-08; journal 2021 467873
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.B TJENESTER AS. Revenue 1.09m NOK → 905.7k NOK (-16.7%). Net result +20.2k NOK → +50.8k NOK. Equity 561.3k NOK → 12.61m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A.B TJENESTER AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +5 180 NOK → +127.9k NOK (op. margin 0.5% → 14.1%). Calculated
-
↑
Net result improved
Net result +20.2k NOK → +50.8k NOK (net margin 1.9% → 5.6%). Calculated
-
↑
Equity strengthened
Book equity 561.3k NOK → 12.61m NOK (equity ratio 20.8% → 491.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.09m NOK to 905.7k NOK (-16.7% YoY). Calculated
-
↓
Cash fell
Bank deposits 264.9k NOK → 32.4k NOK (-87.8% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 50.0k NOK → -1.25m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 402.9k NOK → 387.5k NOK (-3.8% YoY). Calculated