FirmaIQ
Org.nr 997 606 590 2019 → 2020 Year-over-year analysis

ABACUS TAKST AS: årsregnskap 2020 vs 2019

Grew 51% on revenue, weaker earnings

approved 2021-08-31; registry 2021-09-18; journal 2021 767184

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABACUS TAKST AS. Revenue 448.8k NOK → 676.9k NOK (+50.8%). Net result +184.3k NOK → +75.6k NOK. Equity -519.8k NOK → -444.2k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

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

At a glance

Scorecard

Revenue
448.8k NOK 676.9k NOK
+50.8%
Operating result
+91.3k NOK +96.2k NOK
+5.4%
Net result
+184.3k NOK +75.6k NOK
-59.0%
Equity
-519.8k NOK -444.2k NOK
+14.6%
Cash
46.5k NOK 152.0k NOK
+226.7%
Total assets
250.2k NOK 316.3k NOK
+26.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 448.8k NOK to 676.9k NOK (+50.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +91.3k NOK → +96.2k NOK (op. margin 20.3% → 14.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -519.8k NOK → -444.2k NOK (equity ratio -207.8% → -140.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 46.5k NOK → 152.0k NOK (+226.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +184.3k NOK → +75.6k NOK (net margin 41.1% → 11.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 143.9k NOK → 222.1k NOK (+54.3% YoY). Calculated