A2G GRUPPEN AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-04-22; registry 2021-08-09; journal 2021 592130
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A2G GRUPPEN AS. Revenue 33.28m NOK → 32.80m NOK (-1.5%). Net result +4.63m NOK → +637.7k NOK. Equity 16.40m NOK → 17.04m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A2G GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 16.40m NOK → 17.04m NOK (equity ratio 15.2% → 15.7%). Calculated
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↑
Cash rose
Bank deposits 13.53m NOK → 16.75m NOK (+23.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 33.28m NOK to 32.80m NOK (-1.5% YoY). Calculated
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↓
Operating result weakened
Operating result +5.58m NOK → +4.51m NOK (op. margin 16.8% → 13.8%). Calculated
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↓
Net result weakened
Net result +4.63m NOK → +637.7k NOK (net margin 13.9% → 1.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 90.52m NOK → 4.10bn NOK (272% → 12514% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 97.2k NOK → 76.8k NOK (-21.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 91.7k NOK → 18.99m NOK. Reported fact