Org.nr 984 780 621 2019 → 2020 Year-over-year analysis

ABARILLO AS: årsregnskap 2020 vs 2019

Shrank 24% on revenue, weaker earnings

approved 2021-06-11; registry 2021-09-11; journal 2021 700535

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABARILLO AS. Revenue 2.77m NOK → 2.10m NOK (-24.1%). Net result +279.7k NOK → +93.5k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABARILLO AS.

Scorecard

Revenue
2.77m NOK 2.10m NOK
-24.1%
Operating result
+443.5k NOK +504.1k NOK
+13.7%
Net result
+279.7k NOK +93.5k NOK
-66.6%
Cash
2.55m NOK 2.54m NOK
-0.2%
Total assets
5.04m NOK 5.25m NOK
+4.3%

What improved

  • ↑

    Operating result improved

    Operating result +443.5k NOK → +504.1k NOK (op. margin 16.0% → 24.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.77m NOK to 2.10m NOK (-24.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +279.7k NOK → +93.5k NOK (net margin 10.1% → 4.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.55m NOK → 2.54m NOK (-0.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 206.2k NOK → 200.0k NOK (-3.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 292.5k NOK → 399.7k NOK. Reported fact