FirmaIQ
Org.nr 921 368 585 2019 → 2020 Year-over-year analysis

ABE CONSULT AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, cash halved-plus

approved 2021-06-30; registry 2021-07-08; journal 2021 545040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABE CONSULT AS. Revenue 1.34bn NOK → 2.17m NOK (-99.8%). Net result +367.1k NOK → +339.1k NOK. Equity 12.44m NOK → 779.2k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.34bn NOK 2.17m NOK
-99.8%
Operating result
+470.5k NOK +968.8k NOK
+105.9%
Net result
+367.1k NOK +339.1k NOK
-7.6%
Equity
12.44m NOK 779.2k NOK
-93.7%
Cash
545.7k NOK 184.3k NOK
-66.2%
Total assets
774.3k NOK 327.5k NOK
-57.7%

What improved

  • ↑

    Operating result improved

    Operating result +470.5k NOK → +968.8k NOK (op. margin 0.0% → 44.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.34bn NOK to 2.17m NOK (-99.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +367.1k NOK → +339.1k NOK (net margin 0.0% → 15.6%). Calculated

  • ↓

    Equity eroded

    Book equity 12.44m NOK → 779.2k NOK (equity ratio 1606.6% → 237.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 545.7k NOK → 184.3k NOK (-66.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.32× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated