ABM SALG AS: årsregnskap 2020 vs 2019
Grew 82% on revenue, slipped into loss
approved 2021-06-25; registry 2021-07-15; journal 2021 492532
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABM SALG AS. Revenue 6.63m NOK → 12.03m NOK (+81.5%). Net result +650.5k NOK → -733.4k NOK. Equity 79.6k NOK → 696.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABM SALG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.63m NOK to 12.03m NOK (+81.5% YoY). Calculated
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↑
Equity strengthened
Book equity 79.6k NOK → 696.2k NOK (equity ratio 1.2% → 9.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +571.6k NOK → -633.8k NOK (op. margin 8.6% → -5.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 650.5k NOK profit to a loss of 733.4k NOK. Calculated
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↓
Cash fell
Bank deposits 106.8k NOK → 57.4k NOK (-46.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.21× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 2.08m NOK → 696.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 3.27m NOK → 7.96m NOK (+143.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 490.0k NOK. Reported fact