FirmaIQ
Org.nr 971 597 275 2019 → 2020 Year-over-year analysis

ABACOM AS: årsregnskap 2020 vs 2019

Grew 153% on revenue, stronger earnings

approved 2021-01-21; registry 2022-01-26; journal 2022 109295

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABACOM AS. Revenue 6.38m NOK → 16.18m NOK (+153.5%). Net result +1.67m NOK → +4.55m NOK. Equity 506.3k NOK → 7.05m NOK.

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

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

At a glance

Scorecard

Revenue
6.38m NOK 16.18m NOK
+153.5%
Operating result
+105.5k NOK +6.14m NOK
+5714.2%
Net result
+1.67m NOK +4.55m NOK
+171.9%
Equity
506.3k NOK 7.05m NOK
+1292.9%
Cash
2.49m NOK 8.13m NOK
+226.2%
Total assets
4.00m NOK 10.52m NOK
+162.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.38m NOK to 16.18m NOK (+153.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +105.5k NOK → +6.14m NOK (op. margin 1.7% → 37.9%). Calculated

  • ↑

    Net result improved

    Net result +1.67m NOK → +4.55m NOK (net margin 26.2% → 28.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 506.3k NOK → 7.05m NOK (equity ratio 12.6% → 67.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.49m NOK → 8.13m NOK (+226.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.32m NOK → 7.51m NOK (+73.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 113.9k NOK → 217.1k NOK. Reported fact