ADORN FRISØR AS: årsregnskap 2020 vs 2019
Shrank 9% on revenue, weaker earnings
approved 2021-04-23; registry 2021-05-20; journal 2021 305538
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADORN FRISØR AS. Revenue 2.02m NOK → 1.85m NOK (-8.8%). Net result +29.35bn NOK → +135.7k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADORN FRISØR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +41.3k NOK → +176.0k NOK (op. margin 2.0% → 9.5%). Calculated
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↑
Payroll decreased
Salary cost 1.32m NOK → 1.03m NOK (65% → 56% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.02m NOK to 1.85m NOK (-8.8% YoY). Calculated
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↓
Net result weakened
Net result +29.35bn NOK → +135.7k NOK (net margin 1449802.8% → 7.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 274.7k NOK → 243.6k NOK (-11.3% YoY). Calculated