ABAKUS NORGE AS: årsregnskap 2020 vs 2019
Grew 1062% on revenue, stronger earnings
approved 2021-07-12; registry 2021-08-18; journal 2021 624010
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABAKUS NORGE AS. Revenue 117.1k NOK → 1.36m NOK (+1062.5%). Net result +10.5k NOK → +435.1k NOK. Equity -165.9k NOK → 269.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABAKUS NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 117.1k NOK to 1.36m NOK (+1062.5% YoY). Calculated
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Operating result improved
Operating result +10.6k NOK → +467.9k NOK (op. margin 9.1% → 34.4%). Calculated
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Net result improved
Net result +10.5k NOK → +435.1k NOK (net margin 9.0% → 32.0%). Calculated
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Equity strengthened
Book equity -165.9k NOK → 269.2k NOK (equity ratio -110.7% → 50.4%). Calculated
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Cash rose
Bank deposits 45.4k NOK → 317.7k NOK (+600.1% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 39.2k NOK → 1 266 NOK (-96.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 32.9k NOK → 4.11m NOK. Reported fact