AH BYGGSERVICE AS: årsregnskap 2020 vs 2019
Shrank 17% on revenue, returned to profit
approved 2021-08-06; registry 2021-09-27; journal 2021 813441
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AH BYGGSERVICE AS. Revenue 3.27m NOK → 2.70m NOK (-17.4%). Net result -195.46bn NOK → +10 NOK. Equity 10.60m NOK → 10.40m NOK.
On the constructive side: turned profitable; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AH BYGGSERVICE AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 195.46bn NOK to a profit of 10 NOK. Calculated
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↑
Cash rose
Bank deposits 236.9k NOK → 249.7k NOK (+5.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.59m NOK → 1.50m NOK (49% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.27m NOK to 2.70m NOK (-17.4% YoY). Calculated
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↓
Operating result weakened
Operating result +134.2k NOK → -246.1k NOK (op. margin 4.1% → -9.1%). Calculated
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↓
Equity eroded
Book equity 10.60m NOK → 10.40m NOK (equity ratio 949.6% → 1377.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 750.3k NOK → 592.7k NOK (-21.0% YoY). Calculated