A.M. SERVICES AS: årsregnskap 2020 vs 2019
Grew 129% on revenue, returned to profit
approved 2021-08-15; registry 2021-08-17; journal 2021 639739
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.M. SERVICES AS. Revenue 61.7k NOK → 141.2k NOK (+128.8%). Net result -21.3k NOK → +11.7k NOK. Equity 50.1k NOK → 61.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.M. SERVICES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 61.7k NOK to 141.2k NOK (+128.8% YoY). Calculated
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Operating result improved
Operating result -27.3k NOK → +15.1k NOK (op. margin -44.2% → 10.7%). Calculated
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Turned profitable
Net result flipped from a loss of 21.3k NOK to a profit of 11.7k NOK. Calculated
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Equity strengthened
Book equity 50.1k NOK → 61.8k NOK (equity ratio 83.7% → 87.6%). Calculated
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Cash rose
Bank deposits 2 023 NOK → 6 925 NOK (+242.3% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1 833 NOK → 22.9k NOK (+1146.9% YoY). Calculated