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Org.nr 998 456 053 2019 → 2020 Year-over-year analysis

ABC HÅNDVERKEREN FRANKIEWICZ AS: årsregnskap 2020 vs 2019

Shrank 5% on revenue

approved 2021-07-05; registry 2021-07-07; journal 2021 543051

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC HÅNDVERKEREN FRANKIEWICZ AS. Revenue 2.14m NOK → 2.04m NOK (-5.0%). Net result +23.2k NOK → +22.5k NOK. Equity 17.3k NOK → 39.9k NOK.

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

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

At a glance

Scorecard

Revenue
2.14m NOK 2.04m NOK
-5.0%
Operating result
+23.1k NOK +25.8k NOK
+11.5%
Net result
+23.2k NOK +22.5k NOK
-2.8%
Equity
17.3k NOK 39.9k NOK
+129.8%
Cash
322.7k NOK 459.9k NOK
+42.5%
Total assets
385.9k NOK 799.8k NOK
+107.2%

What improved

  • ↑

    Operating result improved

    Operating result +23.1k NOK → +25.8k NOK (op. margin 1.1% → 1.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 17.3k NOK → 39.9k NOK (equity ratio 4.5% → 5.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 322.7k NOK → 459.9k NOK (+42.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.43m NOK → 1.20m NOK (67% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.14m NOK to 2.04m NOK (-5.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 407.8k NOK → 377.7k NOK (-7.4% YoY). Calculated