A-BYGG SNEKKERSERVICE AS: årsregnskap 2020 vs 2019
Shrank 59% on revenue, slipped into loss, cash halved-plus
registry 2021-08-24; journal 2021 673080
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-BYGG SNEKKERSERVICE AS. Revenue 684.9k NOK → 277.6k NOK (-59.5%). Net result +84.7k NOK → -50.1k NOK. Equity 4.15m NOK → 11.10m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.15m NOK → 11.10m NOK (equity ratio 837.9% → 3307.3%). Calculated
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↑
Payroll decreased
Salary cost 9.55m NOK → 2 NOK (1395% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 684.9k NOK to 277.6k NOK (-59.5% YoY). Calculated
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↓
Operating result weakened
Operating result +101.6k NOK → -30.5k NOK (op. margin 14.8% → -11.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 84.7k NOK profit to a loss of 50.1k NOK. Calculated
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↓
Cash fell
Bank deposits 326.9k NOK → 96.0k NOK (-70.6% YoY). Calculated