A TEAM MANAGEMENT AS: årsregnskap 2020 vs 2019
Shrank 5% on revenue, weaker earnings
approved 2021-08-25; registry 2021-08-28; journal 2021 688926
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A TEAM MANAGEMENT AS. Revenue 468.8k NOK → 444.9k NOK (-5.1%). Net result +204.8k NOK → +112.5k NOK. Equity -403.8k NOK → -291.3k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TEAM MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +82.4k NOK → +112.6k NOK (op. margin 17.6% → 25.3%). Calculated
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↑
Equity strengthened
Book equity -403.8k NOK → -291.3k NOK (equity ratio -129.7% → -77.9%). Calculated
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↑
Cash rose
Bank deposits 34.8k NOK → 70.3k NOK (+102.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 278.9k NOK → 195.5k NOK (60% → 44% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 468.8k NOK to 444.9k NOK (-5.1% YoY). Calculated
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↓
Net result weakened
Net result +204.8k NOK → +112.5k NOK (net margin 43.7% → 25.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 92.4k NOK → 40.3k NOK (-56.3% YoY). Calculated