AB HAGE & GRAVESERVICE AS: årsregnskap 2020 vs 2019
Shrank 10% on revenue, slipped into loss
approved 2021-04-20; registry 2021-05-12; journal 2021 282387
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AB HAGE & GRAVESERVICE AS. Revenue 2.40m NOK → 2.17m NOK (-9.7%). Net result +110.8k NOK → -442 NOK. Equity -629.9k NOK → -630.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AB HAGE & GRAVESERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits -123.6k NOK → -118.9k NOK (+3.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 808.2k NOK → 551.0k NOK (34% → 25% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.40m NOK to 2.17m NOK (-9.7% YoY). Calculated
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↓
Operating result weakened
Operating result +119.7k NOK → +7 574 NOK (op. margin 5.0% → 0.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 110.8k NOK profit to a loss of 442 NOK. Calculated
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↓
COGS moved
COGS / varekostnad 503.1k NOK → 615.4k NOK (+22.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 120.0k NOK → 80.0k NOK. Reported fact