ABC 3 AS: årsregnskap 2020 vs 2019
Shrank 39% on revenue, weaker earnings
approved 2021-05-07; registry 2021-06-12; journal 2021 297648
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC 3 AS. Revenue 960.0k NOK → 581.7k NOK (-39.4%). Net result +3.50m NOK → +10 NOK.
On the constructive side: 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 ABC 3 AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 185.7k NOK → 513.8k NOK (+176.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 960.0k NOK to 581.7k NOK (-39.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +675.9k NOK → -404.4k NOK (op. margin 70.4% → -69.5%). Calculated
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↓
Net result weakened
Net result +3.50m NOK → +10 NOK (net margin 364.1% → 0.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 57.0k NOK → 800.7k NOK (6% → 138% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 159538.88bn NOK → 979.6k NOK (-100.0% YoY). Calculated