ABG EIENDOM AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, cash halved-plus
approved 2021-01-18; registry 2021-02-24; journal 2021 125004
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABG EIENDOM AS. Revenue 1.34m NOK → 1.44m NOK (+6.9%). Equity 5.66m NOK → 3.78m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.34m NOK
1.44m NOK
+6.9%
Operating result
n/m
+360.2k NOK
—
Net result
n/m
+295.0k NOK
—
Equity
5.66m NOK
3.78m NOK
-33.1%
Cash
3.06m NOK
1.36m NOK
-55.7%
Total assets
6.81m NOK
4.88m NOK
-28.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.34m NOK to 1.44m NOK (+6.9% YoY). Calculated
-
↑
Payroll decreased
Salary cost 791.3k NOK → 715.3k NOK (59% → 50% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.66m NOK → 3.78m NOK (equity ratio 83.1% → 77.6%). Calculated
-
↓
Cash fell
Bank deposits 3.06m NOK → 1.36m NOK (-55.7% YoY). Calculated