Org.nr 983 949 177 2019 → 2020 Year-over-year analysis

ABECO AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-03-24; registry 2021-06-14; journal 2021 313171

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABECO AS. Revenue 1.66m NOK → 1.69m NOK (+2.3%). Net result +73.9k NOK → +190.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABECO AS.

Scorecard

Revenue
1.66m NOK 1.69m NOK
+2.3%
Operating result
+80.5k NOK +210.1k NOK
+161.1%
Net result
+73.9k NOK +190.9k NOK
+158.4%
Equity
n/m 284.6k NOK
—
Cash
303.2k NOK 432.0k NOK
+42.5%
Total assets
523.9k NOK 642.1k NOK
+22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.66m NOK to 1.69m NOK (+2.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +80.5k NOK → +210.1k NOK (op. margin 4.9% → 12.4%). Calculated

  • ↑

    Net result improved

    Net result +73.9k NOK → +190.9k NOK (net margin 4.5% → 11.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 303.2k NOK → 432.0k NOK (+42.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 1.07m NOK (0% → 63% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 40.5k NOK → 10.3k NOK. Reported fact