ABDEIN TRADING AS: årsregnskap 2020 vs 2019
Grew 77% on revenue, stronger earnings
approved 2021-05-12; registry 2021-06-03; journal 2021 387284
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABDEIN TRADING AS. Revenue 4.47m NOK → 7.93m NOK (+77.4%). Net result -415.3k NOK → -151.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABDEIN TRADING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.47m NOK to 7.93m NOK (+77.4% YoY). Calculated
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Operating result improved
Operating result -372.0k NOK → -40.5k NOK (op. margin -8.3% → -0.5%). Calculated
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Net result improved
Net result -415.3k NOK → -151.1k NOK (net margin -9.3% → -1.9%). Calculated
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Cash rose
Bank deposits -126 NOK → 101.4k NOK (+80567.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3.82m NOK → 4.93m NOK (86% → 62% of revenue). Calculated
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COGS moved
COGS / varekostnad 34.1k NOK → 1.59m NOK (+4572.3% YoY). Calculated