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Org.nr 983 577 377 2019 → 2020 Year-over-year analysis

ABC CLAUSEN AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, cash halved-plus

approved 2021-09-30; registry 2021-10-25; journal 2021 864994

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC CLAUSEN AS. Revenue 8.52m NOK → 7.22m NOK (-15.3%). Net result +282.3k NOK → +312.8k NOK. Equity 318.2k NOK → 631.0k NOK.

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

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

At a glance

Scorecard

Revenue
8.52m NOK 7.22m NOK
-15.3%
Operating result
+179.6k NOK +437.8k NOK
+143.7%
Net result
+282.3k NOK +312.8k NOK
+10.8%
Equity
318.2k NOK 631.0k NOK
+98.3%
Cash
308.2k NOK 63.8k NOK
-79.3%
Total assets
1.39m NOK 1.29m NOK
-6.7%

What improved

  • ↑

    Operating result improved

    Operating result +179.6k NOK → +437.8k NOK (op. margin 2.1% → 6.1%). Calculated

  • ↑

    Net result improved

    Net result +282.3k NOK → +312.8k NOK (net margin 3.3% → 4.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 318.2k NOK → 631.0k NOK (equity ratio 23.0% → 48.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.19m NOK → 1.03m NOK (26% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.52m NOK to 7.22m NOK (-15.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 308.2k NOK → 63.8k NOK (-79.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.39m NOK → 4.66m NOK (-13.5% YoY). Calculated