ABA-SKOL AS: årsregnskap 2020 vs 2019
Shrank 13% on revenue, weaker earnings
registry 2021-06-09; journal 2021 273064
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABA-SKOL AS. Revenue 3.52m NOK → 3.08m NOK (-12.6%). Net result +138.4k NOK → +59.7k NOK. Equity 266.2k NOK → 325.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA-SKOL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +72.1k NOK → +97.9k NOK (op. margin 2.0% → 3.2%). Calculated
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↑
Equity strengthened
Book equity 266.2k NOK → 325.9k NOK (equity ratio 20.7% → 15.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.52m NOK to 3.08m NOK (-12.6% YoY). Calculated
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↓
Net result weakened
Net result +138.4k NOK → +59.7k NOK (net margin 3.9% → 1.9%). Calculated
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↓
Cash fell
Bank deposits 200.6k NOK → 108.1k NOK (-46.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 452.4k NOK → 487.6k NOK (13% → 16% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.42m NOK → 2.21m NOK (-8.6% YoY). Calculated