FirmaIQ
Org.nr 988 023 892 2019 → 2020 Year-over-year analysis

ABACUS EIENDOM AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-03-22; registry 2021-03-27; journal 2021 170132

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABACUS EIENDOM AS. Revenue 589.2k NOK → 598.3k NOK (+1.5%). Net result +119.1k NOK → +181.4k NOK. Equity 729.4k NOK → 872.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
589.2k NOK 598.3k NOK
+1.5%
Operating result
+238.9k NOK +309.3k NOK
+29.5%
Net result
+119.1k NOK +181.4k NOK
+52.3%
Equity
729.4k NOK 872.6k NOK
+19.6%
Cash
2 546 NOK 1 209 NOK
-52.5%
Total assets
3.43m NOK 3.19m NOK
-6.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 589.2k NOK to 598.3k NOK (+1.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +238.9k NOK → +309.3k NOK (op. margin 40.6% → 51.7%). Calculated

  • ↑

    Net result improved

    Net result +119.1k NOK → +181.4k NOK (net margin 20.2% → 30.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 729.4k NOK → 872.6k NOK (equity ratio 21.3% → 27.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2 546 NOK → 1 209 NOK (-52.5% YoY). Calculated