ABBEDISSEN BEGRAVELSESBYRÅ AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-05-03; registry 2021-06-07; journal 2021 263827
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABBEDISSEN BEGRAVELSESBYRÅ AS. Revenue 14.72m NOK → 14.14m NOK (-4.0%). Net result +876.9k NOK → +423.8k NOK. Equity 3.17m NOK → 3.59m NOK.
On the constructive side: equity strengthened; cash rose. 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 ABBEDISSEN BEGRAVELSESBYRÅ AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 3.17m NOK → 3.59m NOK (equity ratio 48.7% → 52.6%). Calculated
-
↑
Cash rose
Bank deposits 1.79m NOK → 2.36m NOK (+32.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.72m NOK to 14.14m NOK (-4.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.01m NOK → +557.3k NOK (op. margin 6.9% → 3.9%). Calculated
-
↓
Net result weakened
Net result +876.9k NOK → +423.8k NOK (net margin 6.0% → 3.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 5.71m NOK → 5.77m NOK (39% → 41% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 5.04m NOK → 4.92m NOK (-2.3% YoY). Calculated