Org.nr 946 981 109 2019 → 2020 Year-over-year analysis

ABC METALL AS: årsregnskap 2020 vs 2019

Shrank 27% on revenue

approved 2021-03-22; registry 2021-03-27; journal 2021 170647

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC METALL AS. Revenue 2.43m NOK → 1.77m NOK (-27.2%). Equity 614.6k NOK → 628.0k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC METALL AS.

At a glance

Revenue

2.43m NOK 1.77m NOK

-27.2%

Operating result

n/m +25.4k NOK

—

Net result

n/m +13.4k NOK

—

Equity

614.6k NOK 628.0k NOK

+2.2%

Cash

93.3k NOK 63.2k NOK

-32.3%

Total assets

1.23m NOK 1.01m NOK

-17.9%

↑
Equity strengthened

Book equity 614.6k NOK → 628.0k NOK (equity ratio 50.0% → 62.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.43m NOK to 1.77m NOK (-27.2% YoY). Calculated
↓
Cash fell

Bank deposits 93.3k NOK → 63.2k NOK (-32.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 962.8k NOK → 1.03m NOK (40% → 58% of revenue). Calculated