ABC - VARMEPUMPER AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue
approved 2021-05-27; registry 2021-06-01; journal 2021 359463
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC - VARMEPUMPER AS. Revenue 937.5k NOK → 801.6k NOK (-14.5%). Net result -8 166 NOK → -8 849 NOK. Equity 206.5k NOK → 197.7k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC - VARMEPUMPER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 138.5k NOK → 208.1k NOK (+50.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 406.9k NOK → 345.3k NOK (43% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 937.5k NOK to 801.6k NOK (-14.5% YoY). Calculated
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↓
Operating result weakened
Operating result -9 896 NOK → -10.9k NOK (op. margin -1.1% → -1.4%). Calculated
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↓
Equity eroded
Book equity 206.5k NOK → 197.7k NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 387.2k NOK → 303.3k NOK (-21.7% YoY). Calculated