ABS SHOOTING AS: årsregnskap 2020 vs 2019
Shrank 13% on revenue
approved 2021-08-23; registry 2021-09-07; journal 2021 680129
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABS SHOOTING AS. Revenue 7.56m NOK → 6.57m NOK (-13.1%). Net result +300.9k NOK → +359.4k NOK. Equity 1.51m NOK → 1.77m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABS SHOOTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +374.1k NOK → +456.0k NOK (op. margin 4.9% → 6.9%). Calculated
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↑
Net result improved
Net result +300.9k NOK → +359.4k NOK (net margin 4.0% → 5.5%). Calculated
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↑
Equity strengthened
Book equity 1.51m NOK → 1.77m NOK (equity ratio 54.7% → 72.2%). Calculated
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↑
Payroll decreased
Salary cost 550.2k NOK → 505.2k NOK (7% → 8% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.56m NOK to 6.57m NOK (-13.1% YoY). Calculated
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↓
Cash fell
Bank deposits 622.1k NOK → 509.0k NOK (-18.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.11m NOK → 5.19m NOK (-15.1% YoY). Calculated