FirmaIQ
Org.nr 992 729 406 2019 → 2020 Year-over-year analysis

ABC FORVALTNING AS: årsregnskap 2020 vs 2019

Shrank 32% on revenue, weaker earnings

approved 2021-08-16; registry 2021-09-11; journal 2021 689026

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC FORVALTNING AS. Revenue 900.3k NOK → 615.4k NOK (-31.6%). Net result +393.7k NOK → +249.9k NOK. Equity 1.45m NOK → 1.40m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
900.3k NOK 615.4k NOK
-31.6%
Operating result
+500.4k NOK +309.8k NOK
-38.1%
Net result
+393.7k NOK +249.9k NOK
-36.5%
Equity
1.45m NOK 1.40m NOK
-3.5%
Cash
1.99m NOK 1.61m NOK
-18.9%
Total assets
2.81m NOK 2.42m NOK
-13.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 900.3k NOK to 615.4k NOK (-31.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +500.4k NOK → +309.8k NOK (op. margin 55.6% → 50.3%). Calculated

  • ↓

    Net result weakened

    Net result +393.7k NOK → +249.9k NOK (net margin 43.7% → 40.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.45m NOK → 1.40m NOK (equity ratio 51.6% → 57.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.99m NOK → 1.61m NOK (-18.9% YoY). Calculated