Org.nr 988 539 449 2019 → 2020 Year-over-year analysis

AB IMPORT AS: årsregnskap 2020 vs 2019

Grew 198% on revenue, weaker earnings

approved 2021-03-24; registry 2021-04-24; journal 2021 205011

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AB IMPORT AS. Revenue 578.5k NOK → 1.72m NOK (+197.5%). Net result +53.4k NOK → +13.5k NOK. Equity 1.06m NOK → 1.07m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AB IMPORT AS.

Scorecard

Revenue
578.5k NOK 1.72m NOK
+197.5%
Net result
+53.4k NOK +13.5k NOK
-74.6%
Equity
1.06m NOK 1.07m NOK
+1.3%
Cash
128.4k NOK 537.9k NOK
+318.9%
Total assets
1.33m NOK 1.44m NOK
+8.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 578.5k NOK to 1.72m NOK (+197.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.06m NOK → 1.07m NOK (equity ratio 79.5% → 74.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 128.4k NOK → 537.9k NOK (+318.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +53.4k NOK → +13.5k NOK (net margin 9.2% → 0.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.92× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 545.3k NOK → 525.5k NOK (-3.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 183.3k NOK → 122.0k NOK. Reported fact