FirmaIQ
Org.nr 931 260 553 2019 → 2020 Year-over-year analysis

A BJØRNSTAD AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue, weaker earnings

approved 2021-07-13; registry 2021-08-03; journal 2021 571630

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A BJØRNSTAD AS. Revenue 1.77m NOK → 1.39m NOK (-21.4%). Net result -439.2k NOK → -783.0k NOK. Equity 3.07m NOK → 2.28m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.77m NOK 1.39m NOK
-21.4%
Operating result
-77.2k NOK -488.2k NOK
-532.3%
Net result
-439.2k NOK -783.0k NOK
-78.3%
Equity
3.07m NOK 2.28m NOK
-25.5%
Cash
67.9k NOK 447.7k NOK
+559.0%
Total assets
10.11m NOK 5.53m NOK
-45.3%

What improved

  • ↑

    Cash rose

    Bank deposits 67.9k NOK → 447.7k NOK (+559.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 247.5k NOK → 224.5k NOK (14% → 16% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.77m NOK to 1.39m NOK (-21.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -77.2k NOK → -488.2k NOK (op. margin -4.4% → -35.2%). Calculated

  • ↓

    Net result weakened

    Net result -439.2k NOK → -783.0k NOK (net margin -24.9% → -56.4%). Calculated

  • ↓

    Equity eroded

    Book equity 3.07m NOK → 2.28m NOK (equity ratio 30.3% → 41.3%). Calculated