ABS AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, stronger earnings
approved 2021-07-06; registry 2021-07-28; journal 2021 552597
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABS AS. Revenue 76.95m NOK → 82.30m NOK (+7.0%). Net result +2.74m NOK → +10.80m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 76.95m NOK to 82.30m NOK (+7.0% YoY). Calculated
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↑
Net result improved
Net result +2.74m NOK → +10.80m NOK (net margin 3.6% → 13.1%). Calculated
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↑
Cash rose
Bank deposits 661.7k NOK → 737.2k NOK (+11.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4.35m NOK → +1.88m NOK (op. margin 5.7% → 2.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 18.77m NOK → 19.71m NOK (24% → 24% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 49.65m NOK → 54.22m NOK (+9.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 138.0k NOK → 135.2k NOK. Reported fact