ABELNES HAVN OG LOGISTIKK AS: årsregnskap 2020 vs 2019
Grew 14% on revenue, stronger earnings
approved 2021-08-31; registry 2021-10-19; journal 2021 835582
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABELNES HAVN OG LOGISTIKK AS. Revenue 2.82m NOK → 3.21m NOK (+13.8%). Net result +331.0k NOK → +476.7k NOK. Equity 2.33m NOK → 2.80m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELNES HAVN OG LOGISTIKK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.82m NOK to 3.21m NOK (+13.8% YoY). Calculated
-
↑
Net result improved
Net result +331.0k NOK → +476.7k NOK (net margin 11.7% → 14.9%). Calculated
-
↑
Equity strengthened
Book equity 2.33m NOK → 2.80m NOK (equity ratio 73.2% → 70.0%). Calculated
-
↑
Cash rose
Bank deposits 83.4k NOK → 105.2k NOK (+26.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 5.61m NOK → 958.6k NOK (199% → 30% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +588.7k NOK → +560.0k NOK (op. margin 20.9% → 17.5%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 170.0k NOK → 87.5k NOK (-48.5% YoY). Calculated