ABIRAMY CASH & CARRY AS: årsregnskap 2020 vs 2019
Grew 67% on revenue, returned to profit
approved 2021-06-30; registry 2021-07-22; journal 2021 529974
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABIRAMY CASH & CARRY AS. Revenue 18.23m NOK → 30.50m NOK (+67.3%). Net result -510.1k NOK → +42.5k NOK. Equity -1.81m NOK → -1.77m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABIRAMY CASH & CARRY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.23m NOK to 30.50m NOK (+67.3% YoY). Calculated
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Operating result improved
Operating result -470.2k NOK → +99.0k NOK (op. margin -2.6% → 0.3%). Calculated
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Turned profitable
Net result flipped from a loss of 510.1k NOK to a profit of 42.5k NOK. Calculated
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Equity strengthened
Book equity -1.81m NOK → -1.77m NOK (equity ratio -101.7% → -44.4%). Calculated
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Cash rose
Bank deposits 209.6k NOK → 489.9k NOK (+133.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.78m NOK → 4.95m NOK (15% → 16% of revenue). Calculated
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COGS moved
COGS / varekostnad 14.38m NOK → 22.99m NOK (+59.9% YoY). Calculated