FirmaIQ
Org.nr 999 328 172 2019 → 2020 Year-over-year analysis

A. BÅTSERVICE AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-31; registry 2021-07-19; journal 2021 510329

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. BÅTSERVICE AS. Revenue 1.55m NOK → 1.54m NOK (-0.9%). Net result +131.5k NOK → +31.3k NOK. Equity 89.8k NOK → 11.12m NOK.

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

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

At a glance

Scorecard

Revenue
1.55m NOK 1.54m NOK
-0.9%
Operating result
+134.4k NOK +47.0k NOK
-65.0%
Net result
+131.5k NOK +31.3k NOK
-76.2%
Equity
89.8k NOK 11.12m NOK
+12289.1%
Cash
127.1k NOK 218.7k NOK
+72.1%
Total assets
702.5k NOK 602.2k NOK
-14.3%

What improved

  • ↑

    Equity strengthened

    Book equity 89.8k NOK → 11.12m NOK (equity ratio 12.8% → 1846.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 127.1k NOK → 218.7k NOK (+72.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.55m NOK to 1.54m NOK (-0.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +134.4k NOK → +47.0k NOK (op. margin 8.7% → 3.1%). Calculated

  • ↓

    Net result weakened

    Net result +131.5k NOK → +31.3k NOK (net margin 8.5% → 2.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 357.4k NOK → 288.3k NOK (-19.3% YoY). Calculated