FirmaIQ
Org.nr 991 387 358 2019 → 2020 Year-over-year analysis

ABBEDISSEN TAKSERING AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-27; registry 2021-06-30; journal 2021 497440

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBEDISSEN TAKSERING AS. Revenue 1.79m NOK → 1.76m NOK (-1.5%). Net result +525.3k NOK → +335.0k NOK. Equity 6 NOK → 1.07m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.79m NOK 1.76m NOK
-1.5%
Operating result
+641.0k NOK +413.5k NOK
-35.5%
Net result
+525.3k NOK +335.0k NOK
-36.2%
Equity
6 NOK 1.07m NOK
+17887600.0%
Cash
184.2k NOK 712.4k NOK
+286.7%
Total assets
1.53m NOK 1.66m NOK
+8.8%

What improved

  • ↑

    Equity strengthened

    Book equity 6 NOK → 1.07m NOK (equity ratio 0.0% → 64.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 184.2k NOK → 712.4k NOK (+286.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.61× → 1.47×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.54m NOK → 822.4k NOK (142% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.79m NOK to 1.76m NOK (-1.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +641.0k NOK → +413.5k NOK (op. margin 35.8% → 23.5%). Calculated

  • ↓

    Net result weakened

    Net result +525.3k NOK → +335.0k NOK (net margin 29.4% → 19.0%). Calculated