ABT ANLEGGSGARTNER AS: årsregnskap 2020 vs 2019
Grew 34% on revenue, returned to profit
approved 2021-08-20; registry 2021-10-12; journal 2021 803608
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABT ANLEGGSGARTNER AS. Revenue 9.11m NOK → 12.25m NOK (+34.5%). Net result -1.28m NOK → +1.38m NOK. Equity 418.5k NOK → 12 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABT ANLEGGSGARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.11m NOK to 12.25m NOK (+34.5% YoY). Calculated
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↑
Operating result improved
Operating result -1.16m NOK → +1.46m NOK (op. margin -12.7% → 11.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.28m NOK to a profit of 1.38m NOK. Calculated
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↑
Cash rose
Bank deposits 110.2k NOK → 141.1k NOK (+28.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.78× → 1.25×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 418.5k NOK → 12 NOK (equity ratio 9.1% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 2.16m NOK → 3.03m NOK (+39.9% YoY). Calculated