Org.nr 998 872 308 2019 → 2020 Year-over-year analysis

ABE CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 70% on revenue

approved 2020-12-31; registry 2021-03-15; journal 2021 150125

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABE CONSULTING AS. Revenue 2.25m NOK → 675.4k NOK (-70.0%).

Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABE CONSULTING AS.

At a glance

Revenue

2.25m NOK 675.4k NOK

-70.0%

Operating result

n/m -89.5k NOK

—

Net result

n/m -112.8k NOK

—

Equity

n/m 1.72m NOK

—

Cash

2.08m NOK 1.53m NOK

-26.3%

Total assets

2.79m NOK 1.84m NOK

-33.9%

↓
Revenue fell

Operating income / revenue moved from 2.25m NOK to 675.4k NOK (-70.0% YoY). Calculated
↓
Cash fell

Bank deposits 2.08m NOK → 1.53m NOK (-26.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.33m NOK → 3.51m NOK (59% → 519% of revenue). Calculated