A TIL Å BYGG AS: årsregnskap 2020 vs 2019
Grew 24% on revenue, weaker earnings
approved 2021-06-14; registry 2021-09-18; journal 2021 717014
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A TIL Å BYGG AS. Revenue 10.13m NOK → 12.56m NOK (+24.0%). Net result +339.4k NOK → +12.0k NOK. Equity 1.36m NOK → 1.37m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A TIL Å BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.13m NOK to 12.56m NOK (+24.0% YoY). Calculated
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↑
Equity strengthened
Book equity 1.36m NOK → 1.37m NOK (equity ratio 55.2% → 19.4%). Calculated
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↑
Cash rose
Bank deposits 565.1k NOK → 703.7k NOK (+24.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.12m NOK → 2.15m NOK (31% → 17% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +420.1k NOK → +7 849 NOK (op. margin 4.1% → 0.1%). Calculated
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↓
Net result weakened
Net result +339.4k NOK → +12.0k NOK (net margin 3.3% → 0.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 5.65m NOK → 9.21m NOK (+63.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 56.6k NOK → 30.0k NOK. Reported fact