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Org.nr 998 751 179 2019 → 2020 Year-over-year analysis

ABK RENHOLD AS: årsregnskap 2020 vs 2019

Shrank 40% on revenue, weaker earnings

approved 2021-04-29; registry 2021-06-01; journal 2021 253248

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABK RENHOLD AS. Revenue 5.85m NOK → 3.49m NOK (-40.3%). Net result +676.5k NOK → +31.9k NOK. Equity 1.80m NOK → 1.83m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.85m NOK 3.49m NOK
-40.3%
Operating result
+866.5k NOK +47.3k NOK
-94.5%
Net result
+676.5k NOK +31.9k NOK
-95.3%
Equity
1.80m NOK 1.83m NOK
+1.8%
Cash
2.12m NOK 1.81m NOK
-14.6%
Total assets
2.74m NOK 2.44m NOK
-11.2%

What improved

  • ↑

    Equity strengthened

    Book equity 1.80m NOK → 1.83m NOK (equity ratio 65.7% → 75.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.23m NOK → 2.68m NOK (72% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.85m NOK to 3.49m NOK (-40.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +866.5k NOK → +47.3k NOK (op. margin 14.8% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +676.5k NOK → +31.9k NOK (net margin 11.6% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.12m NOK → 1.81m NOK (-14.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 54.7k NOK → 62.8k NOK (+14.8% YoY). Calculated