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Org.nr 914 794 641 2019 → 2020 Year-over-year analysis

ABC PROFIL AS: årsregnskap 2020 vs 2019

Shrank 27% on revenue, weaker earnings

approved 2021-08-31; registry 2021-09-13; journal 2021 750349

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC PROFIL AS. Revenue 2.29m NOK → 1.66m NOK (-27.3%). Net result +141.0k NOK → +3 681 NOK. Equity 417.0k NOK → 420.6k NOK.

On the constructive side: equity strengthened. 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 PROFIL AS.

At a glance

Scorecard

Revenue
2.29m NOK 1.66m NOK
-27.3%
Operating result
+189.3k NOK +3 546 NOK
-98.1%
Net result
+141.0k NOK +3 681 NOK
-97.4%
Equity
417.0k NOK 420.6k NOK
+0.9%
Cash
264.3k NOK 173.3k NOK
-34.4%
Total assets
879.7k NOK 731.5k NOK
-16.9%

What improved

  • ↑

    Equity strengthened

    Book equity 417.0k NOK → 420.6k NOK (equity ratio 47.4% → 57.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.29m NOK to 1.66m NOK (-27.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +189.3k NOK → +3 546 NOK (op. margin 8.3% → 0.2%). Calculated

  • ↓

    Net result weakened

    Net result +141.0k NOK → +3 681 NOK (net margin 6.2% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 264.3k NOK → 173.3k NOK (-34.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.12m NOK → 737.3k NOK (-34.2% YoY). Calculated