FirmaIQ
Org.nr 984 259 360 2019 → 2020 Year-over-year analysis

ABC ELEKTRO TEAM AS: årsregnskap 2020 vs 2019

Grew 8% on revenue, stronger earnings, cash halved-plus

approved 2021-02-23; registry 2021-02-25; journal 2021 126082

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC ELEKTRO TEAM AS. Revenue 16.55m NOK → 17.93m NOK (+8.4%). Net result +173.9k NOK → +732.7k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
16.55m NOK 17.93m NOK
+8.4%
Operating result
n/m +1.24m NOK
—
Net result
+173.9k NOK +732.7k NOK
+321.3%
Cash
836.3k NOK 66.9k NOK
-92.0%
Total assets
4.98m NOK 5.78m NOK
+15.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.55m NOK to 17.93m NOK (+8.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +173.9k NOK → +732.7k NOK (net margin 1.1% → 4.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 836.3k NOK → 66.9k NOK (-92.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.40m NOK → 6.14m NOK (-4.1% YoY). Calculated