ABRACADABRAMAT AS: årsregnskap 2020 vs 2019
Shrank 36% on revenue, fresh owner capital
approved 2021-04-30; registry 2021-10-02; journal 2021 849756
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRACADABRAMAT AS. Revenue 1.45m NOK → 936.2k NOK (-35.5%). Net result +9 169 NOK → +11.6k NOK. Equity 231.3k NOK → 243.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRACADABRAMAT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +7 221 NOK → +11.0k NOK (op. margin 0.5% → 1.2%). Calculated
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Net result improved
Net result +9 169 NOK → +11.6k NOK (net margin 0.6% → 1.2%). Calculated
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Equity strengthened
Book equity 231.3k NOK → 243.0k NOK (equity ratio 45.3% → 54.2%). Calculated
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Cash rose
Bank deposits 255.7k NOK → 320.5k NOK (+25.4% YoY). Calculated
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Owners injected capital
Paid-in equity rose 450 NOK → 450.0k NOK (+449.6k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 936.2k NOK (-35.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 274.2k NOK (0% → 29% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 386.1k NOK → 369.4k NOK (-4.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 40.0k NOK → 38.6k NOK. Reported fact