A BRAND AS: årsregnskap 2020 vs 2019
Shrank 20% on revenue
approved 2021-05-31; registry 2021-06-03; journal 2021 386946
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A BRAND AS. Revenue 1.68m NOK → 1.34m NOK (-20.4%). Net result +188.9k NOK → +173.0k NOK. Equity 62.6k NOK → 235.6k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 62.6k NOK → 235.6k NOK (equity ratio 3.7% → 17.2%). Calculated
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↑
Cash rose
Bank deposits 501.1k NOK → 525.7k NOK (+4.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 574.0k NOK → 252.2k NOK (34% → 19% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.68m NOK to 1.34m NOK (-20.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +349.8k NOK → +318.7k NOK (op. margin 20.8% → 23.8%). Calculated
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↓
Net result weakened
Net result +188.9k NOK → +173.0k NOK (net margin 11.2% → 12.9%). Calculated
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↓
COGS moved
COGS / varekostnad 60.2k NOK → 99.7k NOK (+65.7% YoY). Calculated