ABACUS NORGE AS: årsregnskap 2020 vs 2019
Shrank 7% on revenue, weaker earnings
approved 2021-03-01; registry 2021-03-04; journal 2021 134219
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABACUS NORGE AS. Revenue 4.12m NOK → 3.81m NOK (-7.5%). Net result +135.8k NOK → +13.6k NOK. Equity 121.2k NOK → 134.9k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACUS NORGE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 121.2k NOK → 134.9k NOK (equity ratio 9.8% → 13.1%). Calculated
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↑
Cash rose
Bank deposits 178.3k NOK → 491.2k NOK (+175.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.12m NOK to 3.81m NOK (-7.5% YoY). Calculated
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↓
Operating result weakened
Operating result +175.6k NOK → +17.7k NOK (op. margin 4.3% → 0.5%). Calculated
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↓
Net result weakened
Net result +135.8k NOK → +13.6k NOK (net margin 3.3% → 0.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 726.6k NOK → 494.1k NOK. Reported fact