FirmaIQ
Org.nr 992 686 278 2019 → 2020 Year-over-year analysis

A2BUS AS: årsregnskap 2020 vs 2019

Shrank 66% on revenue, returned to profit

registry 2021-07-05; journal 2021 526314

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A2BUS AS. Revenue 578.0k NOK → 196.7k NOK (-66.0%). Net result -36.8k NOK → +161.4k NOK. Equity -130.6k NOK → 30.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
578.0k NOK 196.7k NOK
-66.0%
Operating result
+24.8k NOK +161.4k NOK
+551.4%
Net result
-36.8k NOK +161.4k NOK
+538.0%
Equity
-130.6k NOK 30.7k NOK
+123.5%
Cash
75.4k NOK 75.2k NOK
-0.3%
Total assets
161.3k NOK 386.7k NOK
+139.8%

What improved

  • ↑

    Operating result improved

    Operating result +24.8k NOK → +161.4k NOK (op. margin 4.3% → 82.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 36.8k NOK to a profit of 161.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -130.6k NOK → 30.7k NOK (equity ratio -81.0% → 8.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.33× → 1.09×. Calculated

  • ↑

    Payroll decreased

    Salary cost 314.3k NOK → -165.3k NOK (54% → -84% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 578.0k NOK to 196.7k NOK (-66.0% YoY). Calculated