AB TAKSERING OG EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 10% on revenue, weaker earnings
approved 2021-03-24; registry 2021-07-07; journal 2021 542609
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AB TAKSERING OG EIENDOM AS. Revenue 2.48m NOK → 2.23m NOK (-10.1%). Net result +803.3k NOK → +595.9k NOK. Equity 316.0k NOK → 311.9k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB TAKSERING OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 75.4k NOK → 1.04m NOK (+1283.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 846.2k NOK → 839.3k NOK (34% → 38% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.48m NOK to 2.23m NOK (-10.1% YoY). Calculated
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↓
Operating result weakened
Operating result +1.03m NOK → +764.6k NOK (op. margin 41.6% → 34.3%). Calculated
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↓
Net result weakened
Net result +803.3k NOK → +595.9k NOK (net margin 32.4% → 26.7%). Calculated
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↓
Equity eroded
Book equity 316.0k NOK → 311.9k NOK (equity ratio 23.4% → 24.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 89.4k NOK → 75.7k NOK (-15.3% YoY). Calculated