A.BERG AS: årsregnskap 2020 vs 2019
Shrank 9% on revenue, weaker earnings
registry 2021-08-05; journal 2021 579850
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.BERG AS. Revenue 10.99m NOK → 10.05m NOK (-8.6%). Net result +874.1k NOK → +692.9k NOK. Equity 3.70m NOK → 3.70m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.BERG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +130.6k NOK → +906.4k NOK (op. margin 1.2% → 9.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.99m NOK to 10.05m NOK (-8.6% YoY). Calculated
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↓
Net result weakened
Net result +874.1k NOK → +692.9k NOK (net margin 8.0% → 6.9%). Calculated
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↓
Equity eroded
Book equity 3.70m NOK → 3.70m NOK (equity ratio 64.4% → 63.9%). Calculated
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↓
Cash fell
Bank deposits 810.7k NOK → 753.8k NOK (-7.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.79m NOK → 5.52m NOK (-4.6% YoY). Calculated