FirmaIQ
Org.nr 916 993 579 2019 → 2020 Year-over-year analysis

ABBI AS: årsregnskap 2020 vs 2019

Grew 43% on revenue, returned to profit

approved 2021-02-26; registry 2021-04-17; journal 2021 205249

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBI AS. Revenue 200.0k NOK → 285.5k NOK (+42.8%). Net result -93.9k NOK → +37.6k NOK. Equity -146.3k NOK → -108.7k 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 ABBI AS.

At a glance

Scorecard

Revenue
200.0k NOK 285.5k NOK
+42.8%
Operating result
-93.1k NOK +37.6k NOK
+140.4%
Net result
-93.9k NOK +37.6k NOK
+140.0%
Equity
-146.3k NOK -108.7k NOK
+25.7%
Cash
38.1k NOK 77.7k NOK
+104.0%
Total assets
275.5k NOK 211.1k NOK
-23.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 200.0k NOK to 285.5k NOK (+42.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -93.1k NOK → +37.6k NOK (op. margin -46.6% → 13.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 93.9k NOK to a profit of 37.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -146.3k NOK → -108.7k NOK (equity ratio -53.1% → -51.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.1k NOK → 77.7k NOK (+104.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 129.4k NOK → 101.9k NOK (-21.3% YoY). Calculated