ABILD AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue, returned to profit, cash halved-plus
approved 2021-05-10; registry 2021-05-12; journal 2021 284169
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABILD AS. Revenue 1.22m NOK → 1.14m NOK (-6.0%). Net result -182.9k NOK → +401.8k NOK. Equity 8.13m NOK → 8.53m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABILD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -62.6k NOK → +34.5k NOK (op. margin -5.1% → 3.0%). Calculated
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Turned profitable
Net result flipped from a loss of 182.9k NOK to a profit of 401.8k NOK. Calculated
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↑
Equity strengthened
Book equity 8.13m NOK → 8.53m NOK (equity ratio 40.5% → 39.0%). Calculated
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↑
Payroll decreased
Salary cost 702.2k NOK → 622.6k NOK (58% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.22m NOK to 1.14m NOK (-6.0% YoY). Calculated
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↓
Cash fell
Bank deposits 626.4k NOK → 129.2k NOK (-79.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 8 740 NOK → 2 740 NOK. Reported fact