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Org.nr 985 060 746 2019 → 2020 Year-over-year analysis

ABC THAI AS: årsregnskap 2020 vs 2019

Grew 13% on revenue, slipped into loss

approved 2021-07-02; registry 2021-08-12; journal 2021 607668

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABC THAI AS. Revenue 4.12m NOK → 4.64m NOK (+12.7%). Net result +41.4k NOK → -10.2k NOK. Equity 13.14m NOK → 12.13m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
4.12m NOK 4.64m NOK
+12.7%
Operating result
-23.9k NOK +59.5k NOK
+349.3%
Net result
+41.4k NOK -10.2k NOK
-124.6%
Equity
13.14m NOK 12.13m NOK
-7.7%
Cash
550.4k NOK 531.9k NOK
-3.4%
Total assets
840.7k NOK 744.0k NOK
-11.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.12m NOK to 4.64m NOK (+12.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -23.9k NOK → +59.5k NOK (op. margin -0.6% → 1.3%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 41.4k NOK profit to a loss of 10.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 13.14m NOK → 12.13m NOK (equity ratio 1562.5% → 1629.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 550.4k NOK → 531.9k NOK (-3.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 423.4k NOK → 1.53m NOK (+261.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3.9 → 3. Reported fact