FirmaIQ
Org.nr 911 670 674 2019 → 2020 Year-over-year analysis

ABBAS EIENDOM AS: årsregnskap 2020 vs 2019

Grew 609% on revenue, returned to profit

approved 2021-02-22; registry 2021-05-15; journal 2021 289370

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBAS EIENDOM AS. Revenue 111.9k NOK → 793.3k NOK (+609.1%). Net result -305.9k NOK → +463.6k NOK. Equity -626.9k NOK → 836.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBAS EIENDOM AS.

At a glance

Scorecard

Revenue
111.9k NOK 793.3k NOK
+609.1%
Operating result
-306.0k NOK +563.6k NOK
+284.2%
Net result
-305.9k NOK +463.6k NOK
+251.5%
Equity
-626.9k NOK 836.7k NOK
+233.5%
Cash
12.4k NOK 65.7k NOK
+430.0%
Total assets
12.4k NOK 1.34m NOK
+10702.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 111.9k NOK to 793.3k NOK (+609.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -306.0k NOK → +563.6k NOK (op. margin -273.5% → 71.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 305.9k NOK to a profit of 463.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -626.9k NOK → 836.7k NOK (equity ratio -5053.9% → 62.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.4k NOK → 65.7k NOK (+430.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 130.9k NOK → 5 079 NOK (-96.1% YoY). Calculated