ABK MACHINES AS: årsregnskap 2020 vs 2019
Shrank 8% on revenue, stronger earnings
approved 2021-08-18; registry 2021-09-01; journal 2021 659746
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABK MACHINES AS. Revenue 18.46m NOK → 17.00m NOK (-7.9%). Net result +319.1k NOK → +775.0k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK MACHINES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +356.3k NOK → +361.7k NOK (op. margin 1.9% → 2.1%). Calculated
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↑
Net result improved
Net result +319.1k NOK → +775.0k NOK (net margin 1.7% → 4.6%). Calculated
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↑
Payroll decreased
Salary cost 914.6k NOK → 905.4k NOK (5% → 5% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.46m NOK to 17.00m NOK (-7.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 16.59m NOK → 15.25m NOK (-8.1% YoY). Calculated