Org.nr 914 041 694 2019 → 2020 Year-over-year analysis

AB&T EIENDOMSDRIFT AS: årsregnskap 2020 vs 2019

Shrank 62% on revenue, slipped into loss

approved 2021-06-29; registry 2021-09-30; journal 2021 838804

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AB&T EIENDOMSDRIFT AS. Revenue 474.3k NOK → 180.8k NOK (-61.9%). Net result +95.7k NOK → -10.9k NOK. Equity 161.7k NOK → 150.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB&T EIENDOMSDRIFT AS.

Scorecard

Revenue
474.3k NOK 180.8k NOK
-61.9%
Operating result
+126.4k NOK -10.7k NOK
-108.5%
Net result
+95.7k NOK -10.9k NOK
-111.3%
Equity
161.7k NOK 150.8k NOK
-6.7%
Cash
86.6k NOK 50.7k NOK
-41.4%
Total assets
331.7k NOK 180.0k NOK
-45.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 474.3k NOK to 180.8k NOK (-61.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +126.4k NOK → -10.7k NOK (op. margin 26.6% → -5.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 95.7k NOK profit to a loss of 10.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 161.7k NOK → 150.8k NOK (equity ratio 48.8% → 83.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 86.6k NOK → 50.7k NOK (-41.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 292.5k NOK → 141.1k NOK (-51.8% YoY). Calculated