FirmaIQ
Org.nr 933 618 099 2019 → 2020 Year-over-year analysis

ABC-MASKIN AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, weaker earnings

approved 2021-05-21; registry 2021-06-17; journal 2021 338455

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC-MASKIN AS. Revenue 9.53m NOK → 7.92m NOK (-16.9%). Net result +862.3k NOK → +610.1k NOK. Equity 3.54m NOK → 4.14m NOK.

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

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

At a glance

Scorecard

Revenue
9.53m NOK 7.92m NOK
-16.9%
Operating result
+1.26m NOK +931.0k NOK
-26.2%
Net result
+862.3k NOK +610.1k NOK
-29.2%
Equity
3.54m NOK 4.14m NOK
+16.8%
Cash
2.20m NOK 2.21m NOK
+0.2%
Total assets
6.17m NOK 5.86m NOK
-5.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.54m NOK → 4.14m NOK (equity ratio 57.4% → 70.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.20m NOK → 2.21m NOK (+0.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.57m NOK → 1.48m NOK (16% → 19% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.53m NOK to 7.92m NOK (-16.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.26m NOK → +931.0k NOK (op. margin 13.2% → 11.7%). Calculated

  • ↓

    Net result weakened

    Net result +862.3k NOK → +610.1k NOK (net margin 9.0% → 7.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.33m NOK → 4.28m NOK (-19.6% YoY). Calculated