A/STAB AS: årsregnskap 2020 vs 2019
Shrank 5% on revenue, weaker earnings
approved 2021-06-30; registry 2021-07-28; journal 2021 551519
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/STAB AS. Revenue 28.52m NOK → 26.95m NOK (-5.5%). Net result +394.5k NOK → +86.6k NOK. Equity 4.75m NOK → 2.70m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A/STAB AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +181.3k NOK → +235.8k NOK (op. margin 0.6% → 0.9%). Calculated
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Cash rose
Bank deposits 3.03m NOK → 3.18m NOK (+4.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 28.52m NOK to 26.95m NOK (-5.5% YoY). Calculated
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Net result weakened
Net result +394.5k NOK → +86.6k NOK (net margin 1.4% → 0.3%). Calculated
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↓
Equity eroded
Book equity 4.75m NOK → 2.70m NOK (equity ratio 40.9% → 24.3%). Calculated
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Payroll up without matching revenue
Salary cost 17.91m NOK → 18.86m NOK (63% → 70% of revenue). Calculated
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COGS moved
COGS / varekostnad 346.4k NOK → 1.87m NOK (+440.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 1.40m NOK → 1.33m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 894 NOK → 2 166 NOK. Reported fact