ABA TRANSPORT AS: årsregnskap 2020 vs 2019
Grew 20% on revenue, weaker earnings
approved 2021-08-20; registry 2021-09-28; journal 2021 747145
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABA TRANSPORT AS. Revenue 13.11m NOK → 15.75m NOK (+20.2%). Net result +1.09m NOK → +785.9k NOK. Equity 2.30m NOK → 2.58m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABA TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.11m NOK to 15.75m NOK (+20.2% YoY). Calculated
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↑
Equity strengthened
Book equity 2.30m NOK → 2.58m NOK (equity ratio 16.1% → 20.8%). Calculated
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↑
Cash rose
Bank deposits 85.0k NOK → 324.1k NOK (+281.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.82m NOK → +1.29m NOK (op. margin 13.9% → 8.2%). Calculated
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↓
Net result weakened
Net result +1.09m NOK → +785.9k NOK (net margin 8.3% → 5.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.67m NOK → 2.18m NOK (13% → 14% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 7.31m NOK → 9.16m NOK (+25.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 425.5k NOK → 165.4k NOK. Reported fact