FirmaIQ
Org.nr 979 676 263 2019 → 2020 Year-over-year analysis

ABC INVEST AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-10; registry 2021-10-09; journal 2021 790157

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC INVEST AS. Revenue 225.0k NOK → 225.0k NOK (0.0%). Net result +3.65m NOK → +2.30m NOK. Equity 37.14m NOK → 34.72m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC INVEST AS.

At a glance

Scorecard

Revenue
225.0k NOK 225.0k NOK
0.0%
Operating result
-58.0k NOK -70.6k NOK
-21.6%
Net result
+3.65m NOK +2.30m NOK
-37.0%
Equity
37.14m NOK 34.72m NOK
-6.5%
Cash
5.87m NOK 5.65m NOK
-3.6%
Total assets
113.64m NOK 173.13m NOK
+52.3%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -58.0k NOK → -70.6k NOK (op. margin -25.8% → -31.4%). Calculated

  • ↓

    Net result weakened

    Net result +3.65m NOK → +2.30m NOK (net margin 1623.2% → 1022.5%). Calculated

  • ↓

    Equity eroded

    Book equity 37.14m NOK → 34.72m NOK (equity ratio 32.7% → 20.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.87m NOK → 5.65m NOK (-3.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 240.9k NOK → 13.28m NOK (107% → 5904% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 42.2k NOK → 12.3k NOK (-70.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 74.45m NOK → 107.60m NOK. Reported fact