ABA CON AS: årsregnskap 2020 vs 2019
Shrank 18% on revenue, slipped into loss
approved 2021-08-31; registry 2021-10-21; journal 2021 841780
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABA CON AS. Revenue 669.1k NOK → 548.4k NOK (-18.0%). Net result +240.6k NOK → -198.5k NOK. Equity 853.9k NOK → 955.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 853.9k NOK → 955.4k NOK (equity ratio 38.1% → 50.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 669.1k NOK to 548.4k NOK (-18.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +350.9k NOK → -211.6k NOK (op. margin 52.5% → -38.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 240.6k NOK profit to a loss of 198.5k NOK. Calculated
-
↓
Cash fell
Bank deposits 795.2k NOK → 451.1k NOK (-43.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 11.4k NOK → 2.43m NOK (2% → 444% of revenue). Calculated