FirmaIQ
Org.nr 962 201 776 2019 → 2020 Year-over-year analysis

ABC TEKNIKK AS: årsregnskap 2020 vs 2019

Shrank 28% on revenue, slipped into loss

approved 2021-08-24; registry 2021-10-07; journal 2021 785919

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC TEKNIKK AS. Revenue 26.87m NOK → 19.48m NOK (-27.5%). Net result +553.0k NOK → -2.30m NOK. Equity 3.68m NOK → 1.38m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
26.87m NOK 19.48m NOK
-27.5%
Operating result
+585.6k NOK -2.22m NOK
-478.3%
Net result
+553.0k NOK -2.30m NOK
-515.4%
Equity
3.68m NOK 1.38m NOK
-62.4%
Cash
1.64m NOK n/m
—
Total assets
9.93m NOK 9.01m NOK
-9.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 9.43m NOK → 7.04m NOK (35% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 26.87m NOK to 19.48m NOK (-27.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +585.6k NOK → -2.22m NOK (op. margin 2.2% → -11.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 553.0k NOK profit to a loss of 2.30m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.68m NOK → 1.38m NOK (equity ratio 37.1% → 15.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.30m NOK → 11.85m NOK (-17.1% YoY). Calculated