A-LAB HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-06-10; registry 2021-07-28; journal 2021 546752
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-LAB HOLDING AS. Revenue 145.33m NOK → 148.86m NOK (+2.4%). Net result +10.15m NOK → +14.71m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A-LAB HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 145.33m NOK to 148.86m NOK (+2.4% YoY). Calculated
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↑
Net result improved
Net result +10.15m NOK → +14.71m NOK (net margin 7.0% → 9.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -39.0k NOK → -46.5k NOK (op. margin -0.0% → -0.0%). Calculated
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↓
Cash fell
Bank deposits 497.9k NOK → 157.6k NOK (-68.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 92.46m NOK → 2.10bn NOK (64% → 1411% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 6.23m NOK → 5.76m NOK (-7.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 13.29m NOK → 12.27m NOK. Reported fact