ABEL NAMSOS AS: årsregnskap 2020 vs 2019
Shrank 8% on revenue, stronger earnings
registry 2021-08-23; journal 2021 658930
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABEL NAMSOS AS. Revenue 2.69m NOK → 2.48m NOK (-7.7%). Net result +6 306 NOK → +59.3k NOK. Equity 333.5k NOK → 392.9k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABEL NAMSOS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +14.7k NOK → +79.8k NOK (op. margin 0.5% → 3.2%). Calculated
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↑
Net result improved
Net result +6 306 NOK → +59.3k NOK (net margin 0.2% → 2.4%). Calculated
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↑
Equity strengthened
Book equity 333.5k NOK → 392.9k NOK (equity ratio 0.0% → 50.8%). Calculated
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↑
Cash rose
Bank deposits 411.3k NOK → 517.1k NOK (+25.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.69m NOK to 2.48m NOK (-7.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 385.0k NOK → 369.6k NOK (-4.0% YoY). Calculated