FirmaIQ
Org.nr 994 613 413 2019 → 2020 Year-over-year analysis

ABC REVISJON AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-03-03; registry 2021-09-21; journal 2021 723724

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC REVISJON AS. Revenue 7.60m NOK → 7.33m NOK (-3.5%). Net result +2.40m NOK → +2.32m NOK. Equity 13.1k NOK → 10.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC REVISJON AS.

At a glance

Scorecard

Revenue
7.60m NOK 7.33m NOK
-3.5%
Operating result
+3.10m NOK +2.94m NOK
-5.3%
Net result
+2.40m NOK +2.32m NOK
-3.2%
Equity
13.1k NOK 10.1k NOK
-22.9%
Cash
1.81m NOK 1.99m NOK
+9.5%
Total assets
4.04m NOK 4.00m NOK
-1.0%

What improved

  • ↑

    Cash rose

    Bank deposits 1.81m NOK → 1.99m NOK (+9.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.60m NOK to 7.33m NOK (-3.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.10m NOK → +2.94m NOK (op. margin 40.8% → 40.0%). Calculated

  • ↓

    Equity eroded

    Book equity 13.1k NOK → 10.1k NOK (equity ratio 0.3% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation