ABILATOR AS: årsregnskap 2020 vs 2019
Grew 214% on revenue, weaker earnings
registry 2021-10-02; journal 2021 848928
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABILATOR AS. Revenue 2.46m NOK → 7.71m NOK (+213.7%). Net result +67.8k NOK → +751 NOK. Equity 275.9k NOK → 12.28m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABILATOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.46m NOK to 7.71m NOK (+213.7% YoY). Calculated
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↑
Equity strengthened
Book equity 275.9k NOK → 12.28m NOK (equity ratio 31.5% → 21249.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +92.9k NOK → +12.5k NOK (op. margin 3.8% → 0.2%). Calculated
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↓
Net result weakened
Net result +67.8k NOK → +751 NOK (net margin 2.8% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 387.8k NOK → 279.1k NOK (-28.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 11 NOK → 2.72m NOK (0% → 35% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 723.3k NOK → 421.8k NOK (-41.7% YoY). Calculated