FirmaIQ
Org.nr 915 665 799 2019 → 2020 Year-over-year analysis

ABCALES AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue

approved 2021-03-16; registry 2021-03-25; journal 2021 169864

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABCALES AS. Revenue 653.9k NOK → 560.0k NOK (-14.3%). Net result +22.3k NOK → +31.5k NOK. Equity -522 NOK → 31.0k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
653.9k NOK 560.0k NOK
-14.3%
Operating result
+22.9k NOK +34.0k NOK
+48.4%
Net result
+22.3k NOK +31.5k NOK
+41.4%
Equity
-522 NOK 31.0k NOK
+6040.6%
Cash
68.2k NOK 90.5k NOK
+32.7%
Total assets
142.9k NOK 163.3k NOK
+14.3%

What improved

  • ↑

    Operating result improved

    Operating result +22.9k NOK → +34.0k NOK (op. margin 3.5% → 6.1%). Calculated

  • ↑

    Net result improved

    Net result +22.3k NOK → +31.5k NOK (net margin 3.4% → 5.6%). Calculated

  • ↑

    Equity strengthened

    Book equity -522 NOK → 31.0k NOK (equity ratio -0.4% → 19.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 68.2k NOK → 90.5k NOK (+32.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.23×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 653.9k NOK to 560.0k NOK (-14.3% YoY). Calculated