FirmaIQ
Org.nr 957 212 158 2019 → 2020 Year-over-year analysis

ABBOTT NORGE AS: årsregnskap 2020 vs 2019

Shrank 88% on revenue, weaker earnings

approved 2021-06-16; registry 2021-07-31; journal 2021 562297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBOTT NORGE AS. Revenue 3.28m NOK → 391.4k NOK (-88.1%). Net result +14.40m NOK → +6.98m NOK. Equity 49.67m NOK → 56.65m NOK.

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

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

At a glance

Scorecard

Revenue
3.28m NOK 391.4k NOK
-88.1%
Operating result
+18.67m NOK +9.29m NOK
-50.2%
Net result
+14.40m NOK +6.98m NOK
-51.5%
Equity
49.67m NOK 56.65m NOK
+14.1%
Cash
13.80m NOK 26.47m NOK
+91.8%
Total assets
120.42m NOK 149.1k NOK
-99.9%

What improved

  • ↑

    Equity strengthened

    Book equity 49.67m NOK → 56.65m NOK (equity ratio 41.3% → 38001.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.80m NOK → 26.47m NOK (+91.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.28m NOK to 391.4k NOK (-88.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +18.67m NOK → +9.29m NOK (op. margin 569.9% → 2373.8%). Calculated

  • ↓

    Net result weakened

    Net result +14.40m NOK → +6.98m NOK (net margin 439.5% → 1783.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.16m NOK → 3.27m NOK (+3.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 49.67m NOK → 14.46m NOK — check capital reduction, conversion, or reclassification. Interpretation