ABK-QVILLER AS: årsregnskap 2020 vs 2019
Grew 83261% on revenue, weaker earnings, fresh owner capital
registry 2021-04-19; journal 2021 193825
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABK-QVILLER AS. Revenue 607.1k NOK → 506.07m NOK (+83261.0%). Net result +24.36m NOK → +14.63m NOK. Equity 134.0k NOK → 138.6k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABK-QVILLER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 607.1k NOK to 506.07m NOK (+83261.0% YoY). Calculated
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↑
Equity strengthened
Book equity 134.0k NOK → 138.6k NOK (equity ratio 0.0% → 0.1%). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 2.25×. Calculated
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Owners injected capital
Paid-in equity rose 500 NOK → 5.00m NOK (+5.00m NOK). Reported fact
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Payroll decreased
Salary cost 10.11bn NOK → 9 NOK (1665164% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +33.37m NOK → +21.35m NOK (op. margin 5497.3% → 4.2%). Calculated
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↓
Net result weakened
Net result +24.36m NOK → +14.63m NOK (net margin 4011.8% → 2.9%). Calculated
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↓
Cash fell
Bank deposits 36.84m NOK → 32.94m NOK (-10.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 367.0k NOK → 11.31m NOK (+2981.8% YoY). Calculated