ABRS RØR SÆTRE AS: årsregnskap 2020 vs 2019
Shrank 47% on revenue, weaker earnings, fresh owner capital
approved 2021-03-08; registry 2021-03-20; journal 2021 157725
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRS RØR SÆTRE AS. Revenue 574.7k NOK → 305.3k NOK (-46.9%). Net result -366.0k NOK → -462.2k NOK. Equity -396.0k NOK → -232.6k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRS RØR SÆTRE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -396.0k NOK → -232.6k NOK (equity ratio 82.0% → 85.2%). Calculated
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↑
Cash rose
Bank deposits -327.5k NOK → -189.5k NOK (+42.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 574.7k NOK to 305.3k NOK (-46.9% YoY). Calculated
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↓
Net result weakened
Net result -366.0k NOK → -462.2k NOK (net margin -63.7% → -151.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 233.1k NOK → 118.6k NOK (-49.1% YoY). Calculated