ABRAHAMSEN BYGG OG VEDLIKEHOLD AS: årsregnskap 2020 vs 2019
Grew 33% on revenue, weaker earnings
registry 2021-08-26; journal 2021 680831
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS. Revenue 2.20m NOK → 2.92m NOK (+32.8%). Net result +232.8k NOK → +58.2k NOK. Equity 250.3k NOK → 308.4k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.20m NOK to 2.92m NOK (+32.8% YoY). Calculated
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↑
Equity strengthened
Book equity 250.3k NOK → 308.4k NOK (equity ratio 1674.3% → 11.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +308.3k NOK → +138.7k NOK (op. margin 14.0% → 4.8%). Calculated
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↓
Net result weakened
Net result +232.8k NOK → +58.2k NOK (net margin 10.6% → 2.0%). Calculated
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↓
Cash fell
Bank deposits 190.5k NOK → 98.9k NOK (-48.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.39× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 508.4k NOK → 755.0k NOK (23% → 26% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1000.0k NOK → 674.4k NOK (-32.6% YoY). Calculated