FirmaIQ
Org.nr 993 098 736 2019 → 2020 Year-over-year analysis

ABAX AS: årsregnskap 2020 vs 2019

Fresh owner capital

approved 2021-04-27; registry 2021-06-21; journal 2021 357861

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABAX AS. Revenue 362.99m NOK → 374.39m NOK (+3.1%). Net result +9.69m NOK → +10.76m NOK. Equity 442.20m NOK → 1.21bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAX AS.

At a glance

Scorecard

Revenue
362.99m NOK 374.39m NOK
+3.1%
Operating result
+9.39m NOK +15.09m NOK
+60.7%
Net result
+9.69m NOK +10.76m NOK
+11.1%
Equity
442.20m NOK 1.21bn NOK
+173.5%
Cash
21.41m NOK 32.04m NOK
+49.6%
Total assets
835.33m NOK 1.76bn NOK
+111.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 362.99m NOK to 374.39m NOK (+3.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9.39m NOK → +15.09m NOK (op. margin 2.6% → 4.0%). Calculated

  • ↑

    Net result improved

    Net result +9.69m NOK → +10.76m NOK (net margin 2.7% → 2.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 442.20m NOK → 1.21bn NOK (equity ratio 52.9% → 68.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.41m NOK → 32.04m NOK (+49.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 350.00m NOK → 1.24bn NOK. Reported fact