FirmaIQ
Org.nr 990 330 441 2019 → 2020 Year-over-year analysis

ABE INVEST AS: årsregnskap 2020 vs 2019

Shrank 39% on revenue, weaker earnings

approved 2021-06-08; registry 2021-06-19; journal 2021 446212

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABE INVEST AS. Revenue 608.3k NOK → 372.0k NOK (-38.8%). Net result +552.3k NOK → +295.8k NOK. Equity 1.36m NOK → 1.51m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABE INVEST AS.

At a glance

Scorecard

Revenue
608.3k NOK 372.0k NOK
-38.8%
Operating result
+574.1k NOK +360.0k NOK
-37.3%
Net result
+552.3k NOK +295.8k NOK
-46.4%
Equity
1.36m NOK 1.51m NOK
+11.0%
Cash
36.1k NOK 22.9k NOK
-36.5%
Total assets
1.41m NOK 1.59m NOK
+12.7%

What improved

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 1.51m NOK (equity ratio 96.5% → 95.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 608.3k NOK to 372.0k NOK (-38.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +574.1k NOK → +360.0k NOK (op. margin 94.4% → 96.8%). Calculated

  • ↓

    Net result weakened

    Net result +552.3k NOK → +295.8k NOK (net margin 90.8% → 79.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.1k NOK → 22.9k NOK (-36.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 377.1k NOK → 1.57m NOK. Reported fact