A2B DESIGN PARTNER AS: årsregnskap 2020 vs 2019
Grew 279% on revenue, slipped into loss
approved 2021-04-20; registry 2021-04-26; journal 2021 227450
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A2B DESIGN PARTNER AS. Revenue 151.2k NOK → 572.6k NOK (+278.7%). Net result +18.7k NOK → -188.2k NOK. Equity 422.4k NOK → 12.23m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A2B DESIGN PARTNER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 151.2k NOK to 572.6k NOK (+278.7% YoY). Calculated
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↑
Equity strengthened
Book equity 422.4k NOK → 12.23m NOK (equity ratio 72.3% → 2793.1%). Calculated
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↑
Cash rose
Bank deposits 417.4k NOK → 433.5k NOK (+3.9% YoY). Calculated
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Payroll decreased
Salary cost 800.2k NOK → 4 NOK (529% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +27.8k NOK → -188.6k NOK (op. margin 18.4% → -32.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 18.7k NOK profit to a loss of 188.2k NOK. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 17.0k NOK → 23.3k NOK (+37.3% YoY). Calculated