FirmaIQ
Org.nr 983 686 435 2019 → 2020 Year-over-year analysis

ABCGRAFISK AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, slipped into loss, cash halved-plus

approved 2021-08-17; registry 2021-08-30; journal 2021 697664

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABCGRAFISK AS. Revenue 2.82m NOK → 2.34m NOK (-17.1%). Net result +92.3k NOK → -33.4k NOK. Equity 657.2k NOK → 623.8k 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 ABCGRAFISK AS.

At a glance

Scorecard

Revenue
2.82m NOK 2.34m NOK
-17.1%
Operating result
+135.0k NOK -9 250 NOK
-106.9%
Net result
+92.3k NOK -33.4k NOK
-136.1%
Equity
657.2k NOK 623.8k NOK
-5.1%
Cash
300.1k NOK 43.5k NOK
-85.5%
Total assets
884.9k NOK 844.1k NOK
-4.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.95bn NOK → 937.2k NOK (69222% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.82m NOK to 2.34m NOK (-17.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +135.0k NOK → -9 250 NOK (op. margin 4.8% → -0.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 92.3k NOK profit to a loss of 33.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 657.2k NOK → 623.8k NOK (equity ratio 74.3% → 73.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 300.1k NOK → 43.5k NOK (-85.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 658.3k NOK → 458.7k NOK (-30.3% YoY). Calculated