ABC MATTESERVICE AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-25; registry 2021-05-27; journal 2021 333473
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC MATTESERVICE AS. Revenue 2.19m NOK → 2.11m NOK (-3.6%). Net result -23.2k NOK → +187.0k NOK. Equity 731.9k NOK → 918.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -4 461 NOK → +254.9k NOK (op. margin -0.2% → 12.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 23.2k NOK to a profit of 187.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 731.9k NOK → 918.8k NOK. Calculated
-
↑
Cash rose
Bank deposits 6 052 NOK → 13.9k NOK (+130.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 291.7k NOK → 251.0k NOK (13% → 12% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.19m NOK to 2.11m NOK (-3.6% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 712.2k NOK → 740.9k NOK (+4.0% YoY). Calculated