Org.nr 990 022 151 2019 → 2020 Year-over-year analysis

AB SERVICE AS: årsregnskap 2020 vs 2019

Grew 12% on revenue

approved 2021-03-02; registry 2021-03-11; journal 2021 143479

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AB SERVICE AS. Revenue 7.19m NOK → 8.04m NOK (+11.8%). Equity 5.21m NOK → 6.73m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AB SERVICE AS.

At a glance

Revenue

7.19m NOK 8.04m NOK

+11.8%

Operating result

n/m +2.06m NOK

—

Net result

n/m +1.52m NOK

—

Equity

5.21m NOK 6.73m NOK

+29.1%

Cash

3.06m NOK 3.78m NOK

+23.5%

Total assets

10.10m NOK 11.72m NOK

+15.9%

↑
Revenue rose

Operating income / revenue moved from 7.19m NOK to 8.04m NOK (+11.8% YoY). Calculated
↑
Equity strengthened

Book equity 5.21m NOK → 6.73m NOK (equity ratio 51.6% → 57.4%). Calculated
↑
Cash rose

Bank deposits 3.06m NOK → 3.78m NOK (+23.5% YoY). Calculated

·
COGS moved

COGS / varekostnad 322.5k NOK → 1.83m NOK (+465.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 30.4k NOK → 22.3k NOK. Reported fact