FirmaIQ
Org.nr 989 208 357 2019 → 2020 Year-over-year analysis

A-BRA AS: årsregnskap 2020 vs 2019

Shrank 73% on revenue, stronger earnings

approved 2021-08-27; registry 2021-09-20; journal 2021 721252

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-BRA AS. Revenue 106.4k NOK → 28.2k NOK (-73.5%). Net result -1.15m NOK → -754.2k NOK. Equity 6.28m NOK → 5.52m NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
106.4k NOK 28.2k NOK
-73.5%
Operating result
-1.17m NOK -765.1k NOK
+34.9%
Net result
-1.15m NOK -754.2k NOK
+34.5%
Equity
6.28m NOK 5.52m NOK
-12.0%
Cash
2.01m NOK 1.27m NOK
-36.8%
Total assets
6.49m NOK 5.62m NOK
-13.4%

What improved

  • ↑

    Operating result improved

    Operating result -1.17m NOK → -765.1k NOK (op. margin -1104.0% → -2711.4%). Calculated

  • ↑

    Net result improved

    Net result -1.15m NOK → -754.2k NOK (net margin -1082.0% → -2672.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 799.6k NOK → 348.0k NOK (751% → 1233% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 106.4k NOK to 28.2k NOK (-73.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.28m NOK → 5.52m NOK (equity ratio 96.8% → 98.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.01m NOK → 1.27m NOK (-36.8% YoY). Calculated