FirmaIQ
Org.nr 920 974 848 2019 → 2020 Year-over-year analysis

ABC RESTAURANT AS: årsregnskap 2020 vs 2019

Grew 3103% on revenue, weaker earnings

approved 2021-05-03; registry 2021-05-05; journal 2021 263993

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC RESTAURANT AS. Revenue 192 NOK → 6 149 NOK (+3102.6%). Net result -131.9k NOK → -362.9k NOK. Equity -223.9k NOK → -586.8k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
192 NOK 6 149 NOK
+3102.6%
Operating result
-131.9k NOK -359.3k NOK
-172.4%
Net result
-131.9k NOK -362.9k NOK
-175.1%
Equity
-223.9k NOK -586.8k NOK
-162.1%
Cash
671.5k NOK 1.38m NOK
+106.0%
Total assets
276.3k NOK 4.31m NOK
+1461.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 192 NOK to 6 149 NOK (+3102.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 671.5k NOK → 1.38m NOK (+106.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -131.9k NOK → -359.3k NOK (op. margin -68695.3% → -5843.1%). Calculated

  • ↓

    Net result weakened

    Net result -131.9k NOK → -362.9k NOK (net margin -68695.3% → -5901.8%). Calculated

  • ↓

    Equity eroded

    Book equity -223.9k NOK → -586.8k NOK (equity ratio -81.1% → -13.6%). Calculated