A-SIGN AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue, weaker earnings, fresh owner capital
registry 2021-06-17; journal 2021 347117
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-SIGN AS. Revenue 2.73m NOK → 2.43m NOK (-11.2%). Net result +215.1k NOK → +129.8k NOK. Equity 1.39m NOK → 2.25m NOK.
On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-SIGN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -108.9k NOK → -80.3k NOK (op. margin -4.0% → -3.3%). Calculated
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Equity strengthened
Book equity 1.39m NOK → 2.25m NOK (equity ratio 48.9% → 84.6%). Calculated
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Owners injected capital
Paid-in equity rose 394.4k NOK → 2.25m NOK (+1.86m NOK). Reported fact
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Payroll decreased
Salary cost 1.54m NOK → 1.47m NOK (56% → 61% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.73m NOK to 2.43m NOK (-11.2% YoY). Calculated
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Net result weakened
Net result +215.1k NOK → +129.8k NOK (net margin 7.9% → 5.3%). Calculated
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Cash fell
Bank deposits 607.9k NOK → 511.2k NOK (-15.9% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 878.8k NOK → 721.5k NOK (-17.9% YoY). Calculated