ABO MASKIN AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-03-17; registry 2021-03-22; journal 2021 160084
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABO MASKIN AS. Revenue 2.77m NOK → 2.70m NOK (-2.7%). Net result +147.0k NOK → +52.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABO MASKIN AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.77m NOK to 2.70m NOK (-2.7% YoY). Calculated
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↓
Operating result weakened
Operating result +197.7k NOK → +78.8k NOK (op. margin 7.1% → 2.9%). Calculated
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↓
Net result weakened
Net result +147.0k NOK → +52.2k NOK (net margin 5.3% → 1.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 757.0k NOK → 15.85m NOK (27% → 587% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 681.7k NOK → 383.3k NOK (-43.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 351.8k NOK → 276.8k NOK. Reported fact