FirmaIQ
Org.nr 910 301 268 2019 → 2020 Year-over-year analysis

ABBH AS: årsregnskap 2020 vs 2019

Grew 1940% on revenue, weaker earnings

approved 2021-05-25; registry 2021-08-04; journal 2021 565737

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBH AS. Revenue 159.4k NOK → 3.25m NOK (+1939.6%). Net result +12.65m NOK → +6.39m NOK. Equity 86.64m NOK → 92.84m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABBH AS.

At a glance

Scorecard

Revenue
159.4k NOK 3.25m NOK
+1939.6%
Operating result
-2.18m NOK -2.83m NOK
-29.8%
Net result
+12.65m NOK +6.39m NOK
-49.5%
Equity
86.64m NOK 92.84m NOK
+7.2%
Cash
1.48m NOK 1.48m NOK
+0.6%
Total assets
92.42m NOK 94.09m NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 159.4k NOK to 3.25m NOK (+1939.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 86.64m NOK → 92.84m NOK (equity ratio 93.7% → 98.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.48m NOK → 1.48m NOK (+0.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.18m NOK → -2.83m NOK (op. margin -1369.8% → -87.2%). Calculated

  • ↓

    Net result weakened

    Net result +12.65m NOK → +6.39m NOK (net margin 7931.9% → 196.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 36.25m NOK → 36.24m NOK — check capital reduction, conversion, or reclassification. Interpretation