Org.nr 966 784 962 2019 → 2020 Year-over-year analysis

ABA MARINE AS: årsregnskap 2020 vs 2019

Grew 137% on revenue, stronger earnings

approved 2021-05-03; registry 2021-05-25; journal 2021 313267

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABA MARINE AS. Revenue 3.35m NOK → 7.95m NOK (+137.0%). Net result +273.1k NOK → +931.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABA MARINE AS.

Scorecard

Revenue
3.35m NOK 7.95m NOK
+137.0%
Operating result
+346.9k NOK +464.8k NOK
+34.0%
Net result
+273.1k NOK +931.5k NOK
+241.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.35m NOK to 7.95m NOK (+137.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +346.9k NOK → +464.8k NOK (op. margin 10.3% → 5.8%). Calculated

  • ↑

    Net result improved

    Net result +273.1k NOK → +931.5k NOK (net margin 8.1% → 11.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 960.3k NOK → 928.5k NOK (29% → 12% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 434.8k NOK → 3.41m NOK (+683.1% YoY). Calculated