ABA ELEKTRO AS: årsregnskap 2020 vs 2019
Grew 45% on revenue, weaker earnings
approved 2021-08-20; registry 2021-10-16; journal 2021 827538
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABA ELEKTRO AS. Revenue 5.28m NOK → 7.64m NOK (+44.8%). Net result +124.4k NOK → +24.4k NOK. Equity 819.4k NOK → 13.84m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.28m NOK to 7.64m NOK (+44.8% YoY). Calculated
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↑
Equity strengthened
Book equity 819.4k NOK → 13.84m NOK (equity ratio 33.0% → 437.2%). Calculated
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↑
Cash rose
Bank deposits 118.1k NOK → 537.4k NOK (+355.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +171.0k NOK → +164.7k NOK (op. margin 3.2% → 2.2%). Calculated
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↓
Net result weakened
Net result +124.4k NOK → +24.4k NOK (net margin 2.4% → 0.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.36m NOK → 3.12m NOK (+32.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 101.2k NOK → 236.4k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 2 → 4. Reported fact