Org.nr 921 398 514 2019 → 2020 Year-over-year analysis

ABEKON AS: årsregnskap 2020 vs 2019

Grew 109663% on revenue

approved 2021-02-07; registry 2021-02-23; journal 2021 123460

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABEKON AS. Revenue 1 593 NOK → 1.75m NOK (+109663.1%). Net result +750.0k NOK → +878.8k NOK. Equity 35.2k NOK → 5.52m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
1 593 NOK 1.75m NOK
+109663.1%
Operating result
+964.9k NOK +134.0k NOK
-86.1%
Net result
+750.0k NOK +878.8k NOK
+17.2%
Equity
35.2k NOK 5.52m NOK
+15560.0%
Cash
313.0k NOK 395.5k NOK
+26.4%
Total assets
221.2k NOK 1.33m NOK
+501.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 593 NOK to 1.75m NOK (+109663.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +750.0k NOK → +878.8k NOK (net margin 47083.2% → 50.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 35.2k NOK → 5.52m NOK (equity ratio 15.9% → 414.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 313.0k NOK → 395.5k NOK (+26.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 368.5k NOK → 316.3k NOK (23130% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +964.9k NOK → +134.0k NOK (op. margin 60573.5% → 7.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.52× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated