A.S DRIFT & SERVICE AS: årsregnskap 2020 vs 2019
Shrank 33% on revenue, fresh owner capital
approved 2021-08-30; registry 2021-09-29; journal 2021 824214
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.S DRIFT & SERVICE AS. Revenue 441.0k NOK → 294.9k NOK (-33.1%). Net result +119.0k NOK → +103.3k NOK. Equity 143.4k NOK → 246.7k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for A.S DRIFT & SERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 143.4k NOK → 246.7k NOK (equity ratio 52.0% → 26.0%). Calculated
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↑
Cash rose
Bank deposits 128.5k NOK → 186.7k NOK (+45.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 441.0k NOK to 294.9k NOK (-33.1% YoY). Calculated
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↓
Operating result weakened
Operating result +151.7k NOK → +138.6k NOK (op. margin 34.4% → 47.0%). Calculated
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↓
Net result weakened
Net result +119.0k NOK → +103.3k NOK (net margin 27.0% → 35.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 1.57m NOK (0% → 531% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 19.6k NOK → 85.5k NOK (+335.3% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact