FirmaIQ
Org.nr 986 715 223 2019 → 2020 Year-over-year analysis

ABC-RØR AS: årsregnskap 2020 vs 2019

Grew 17% on revenue, stronger earnings

approved 2021-05-31; registry 2021-06-10; journal 2021 410388

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC-RØR AS. Revenue 5.95m NOK → 6.97m NOK (+17.0%). Net result +479.5k NOK → +943.8k NOK. Equity 1.30m NOK → 2.25m NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABC-RØR AS.

At a glance

Scorecard

Revenue
5.95m NOK 6.97m NOK
+17.0%
Operating result
+624.6k NOK +201.6k NOK
-67.7%
Net result
+479.5k NOK +943.8k NOK
+96.8%
Equity
1.30m NOK 2.25m NOK
+72.4%
Cash
1.06m NOK 1.62m NOK
+53.4%
Total assets
2.45m NOK 3.43m NOK
+39.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.95m NOK to 6.97m NOK (+17.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +479.5k NOK → +943.8k NOK (net margin 8.1% → 13.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 2.25m NOK (equity ratio 53.1% → 65.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.06m NOK → 1.62m NOK (+53.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +624.6k NOK → +201.6k NOK (op. margin 10.5% → 2.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.24m NOK → 2.41m NOK (+7.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 4.5. Reported fact