FirmaIQ
Org.nr 983 335 543 2019 → 2020 Year-over-year analysis

ABAKUS AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-28; registry 2021-07-21; journal 2021 517202

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABAKUS AS. Revenue 6.53m NOK → 6.65m NOK (+2.0%). Net result +600.2k NOK → +222.3k NOK. Equity 3.96m NOK → 5.18m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAKUS AS.

At a glance

Scorecard

Revenue
6.53m NOK 6.65m NOK
+2.0%
Operating result
+770.7k NOK +567.9k NOK
-26.3%
Net result
+600.2k NOK +222.3k NOK
-63.0%
Equity
3.96m NOK 5.18m NOK
+30.9%
Cash
1.49m NOK 3.58m NOK
+140.2%
Total assets
5.14m NOK 6.79m NOK
+32.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.53m NOK to 6.65m NOK (+2.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.96m NOK → 5.18m NOK (equity ratio 77.0% → 76.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.49m NOK → 3.58m NOK (+140.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 107.6k NOK → 110.1k NOK (+2 500 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +770.7k NOK → +567.9k NOK (op. margin 11.8% → 8.5%). Calculated

  • ↓

    Net result weakened

    Net result +600.2k NOK → +222.3k NOK (net margin 9.2% → 3.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.8k NOK → 2 021 NOK (-90.7% YoY). Calculated