ABAN AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue, stronger earnings, cash halved-plus
approved 2020-12-31; registry 2021-10-11; journal 2021 808837
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABAN AS. Revenue 337.3k NOK → 300.7k NOK (-10.8%). Net result +89.1k NOK → +107.9k NOK. Equity 401.5k NOK → 509.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +219.9k NOK → +232.7k NOK (op. margin 65.2% → 77.4%). Calculated
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↑
Net result improved
Net result +89.1k NOK → +107.9k NOK (net margin 26.4% → 35.9%). Calculated
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↑
Equity strengthened
Book equity 401.5k NOK → 509.4k NOK (equity ratio 9.6% → 12.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 337.3k NOK to 300.7k NOK (-10.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 20.4k NOK → 6 751 NOK (-67.0% YoY). Calculated