ABORA PROSJEKT AS: årsregnskap 2020 vs 2019
Shrank 7% on revenue, weaker earnings
approved 2021-05-19; registry 2021-06-14; journal 2021 313449
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABORA PROSJEKT AS. Revenue 50.97m NOK → 47.42m NOK (-7.0%). Net result +335.5k NOK → +88.8k NOK. Equity 5.20m NOK → 5.29m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABORA PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 5.20m NOK → 5.29m NOK (equity ratio 34.1% → 32.2%). Calculated
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↑
Payroll decreased
Salary cost 17.80m NOK → 15.66m NOK (35% → 33% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 50.97m NOK to 47.42m NOK (-7.0% YoY). Calculated
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↓
Operating result weakened
Operating result +394.4k NOK → +89.0k NOK (op. margin 0.8% → 0.2%). Calculated
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↓
Net result weakened
Net result +335.5k NOK → +88.8k NOK (net margin 0.7% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 7.10m NOK → 4.16m NOK (-41.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 29.32m NOK → 28.30m NOK (-3.5% YoY). Calculated