ABK TAK AS: årsregnskap 2020 vs 2019
Grew 715% on revenue, weaker earnings
approved 2021-03-31; registry 2021-05-01; journal 2021 246223
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABK TAK AS. Revenue 275.0k NOK → 2.24m NOK (+714.6%). Net result +66.3k NOK → +45.3k NOK. Equity 315.7k NOK → 361.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABK TAK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 275.0k NOK to 2.24m NOK (+714.6% YoY). Calculated
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↑
Equity strengthened
Book equity 315.7k NOK → 361.0k NOK (equity ratio 151.2% → 33.6%). Calculated
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↑
Cash rose
Bank deposits 203.7k NOK → 464.4k NOK (+128.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +102.5k NOK → +76.2k NOK (op. margin 37.3% → 3.4%). Calculated
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↓
Net result weakened
Net result +66.3k NOK → +45.3k NOK (net margin 24.1% → 2.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 812.7k NOK (0% → 36% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 331.8k NOK → 11.3k NOK (-96.6% YoY). Calculated