ABS INSTALLASJON AS: årsregnskap 2020 vs 2019
Grew 24731% on revenue
approved 2020-12-31; registry 2021-04-19; journal 2021 208572
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABS INSTALLASJON AS. Revenue 3 045 NOK → 756.1k NOK (+24731.1%). Net result +39.1k NOK → +34.6k NOK. Equity 38.0k NOK → 72.7k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABS INSTALLASJON AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3 045 NOK to 756.1k NOK (+24731.1% YoY). Calculated
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↑
Equity strengthened
Book equity 38.0k NOK → 72.7k NOK (equity ratio 17.8% → 47.2%). Calculated
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↑
Payroll decreased
Salary cost 777.1k NOK → 481.7k NOK (25521% → 64% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +39.0k NOK → +37.8k NOK (op. margin 1281.1% → 5.0%). Calculated
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↓
Net result weakened
Net result +39.1k NOK → +34.6k NOK (net margin 1283.5% → 4.6%). Calculated
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↓
Cash fell
Bank deposits 168.8k NOK → 131.9k NOK (-21.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 113.1k NOK → 131.7k NOK (+16.5% YoY). Calculated