FirmaIQ
Org.nr 970 990 488 2019 → 2020 Year-over-year analysis

ABC INVEST OG EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue, weaker earnings

approved 2021-07-16; registry 2021-09-06; journal 2021 724218

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC INVEST OG EIENDOM AS. Revenue 1.09m NOK → 935.3k NOK (-13.9%). Net result +527.1k NOK → +333.1k NOK. Equity 9.20m NOK → 9.53m NOK.

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

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

At a glance

Scorecard

Revenue
1.09m NOK 935.3k NOK
-13.9%
Operating result
+689.3k NOK +595.5k NOK
-13.6%
Net result
+527.1k NOK +333.1k NOK
-36.8%
Equity
9.20m NOK 9.53m NOK
+3.6%
Cash
313.9k NOK 171.4k NOK
-45.4%
Total assets
16.57m NOK 16.44m NOK
-0.8%

What improved

  • ↑

    Equity strengthened

    Book equity 9.20m NOK → 9.53m NOK (equity ratio 55.5% → 58.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.09m NOK to 935.3k NOK (-13.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +689.3k NOK → +595.5k NOK (op. margin 63.4% → 63.7%). Calculated

  • ↓

    Net result weakened

    Net result +527.1k NOK → +333.1k NOK (net margin 48.5% → 35.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 313.9k NOK → 171.4k NOK (-45.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.72m NOK → 11.3k NOK. Reported fact