Org.nr 990 692 270 2019 → 2020 Year-over-year analysis

ABAS INVEST AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-02-12; registry 2021-06-23; journal 2021 389380

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABAS INVEST AS. Revenue 6.38m NOK → 6.37m NOK (-0.2%). Net result +2.18m NOK → +1.35m NOK. Equity 12.33m NOK → 12.68m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
6.38m NOK 6.37m NOK
-0.2%
Operating result
+4.11m NOK +2.86m NOK
-30.4%
Net result
+2.18m NOK +1.35m NOK
-37.9%
Equity
12.33m NOK 12.68m NOK
+2.9%
Cash
1.38m NOK 2.11m NOK
+52.8%
Total assets
51.27m NOK 50.65m NOK
-1.2%

What improved

  • ↑

    Equity strengthened

    Book equity 12.33m NOK → 12.68m NOK (equity ratio 24.0% → 25.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.38m NOK → 2.11m NOK (+52.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.38m NOK to 6.37m NOK (-0.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.11m NOK → +2.86m NOK (op. margin 64.4% → 44.9%). Calculated

  • ↓

    Net result weakened

    Net result +2.18m NOK → +1.35m NOK (net margin 34.2% → 21.3%). Calculated