ABACOS CONSULTING AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue, weaker earnings
approved 2021-04-06; registry 2021-05-22; journal 2021 310716
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABACOS CONSULTING AS. Revenue 2.18m NOK → 1.86m NOK (-14.6%). Net result +929.4k NOK → +692.1k NOK. Equity 100.0k NOK → 792.1k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 100.0k NOK → 792.1k NOK (equity ratio 6.6% → 60.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.18m NOK to 1.86m NOK (-14.6% YoY). Calculated
-
↓
Net result weakened
Net result +929.4k NOK → +692.1k NOK (net margin 42.6% → 37.1%). Calculated
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↓
Cash fell
Bank deposits 1.28m NOK → 1.02m NOK (-20.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 838.5k NOK → 874.4k NOK (38% → 47% of revenue). Calculated