AGLEN OG LIENS PUB AS: årsregnskap 2020 vs 2019
Shrank 54% on revenue, weaker earnings, cash halved-plus
approved 2021-03-01; registry 2021-05-25; journal 2021 321025
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGLEN OG LIENS PUB AS. Revenue 2.29m NOK → 1.06m NOK (-53.6%). Net result +263.1k NOK → +22.6k NOK. Equity 339.2k NOK → 361.9k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGLEN OG LIENS PUB AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 339.2k NOK → 361.9k NOK (equity ratio 35.6% → 76.8%). Calculated
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↑
Payroll decreased
Salary cost 644.2k NOK → 382.8k NOK (28% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.29m NOK to 1.06m NOK (-53.6% YoY). Calculated
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↓
Operating result weakened
Operating result +337.2k NOK → +28.7k NOK (op. margin 14.8% → 2.7%). Calculated
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↓
Net result weakened
Net result +263.1k NOK → +22.6k NOK (net margin 11.5% → 2.1%). Calculated
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↓
Cash fell
Bank deposits 716.9k NOK → 235.1k NOK (-67.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 928.1k NOK → 350.8k NOK (-62.2% YoY). Calculated